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The Nifty index recovered strongly after early losses, closing with gains of 120 points near 25,700. Analysts maintain a bullish view, suggesting a Bull Call Spread amid sustained market momentum.
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Tenneco Clean Air India’s Rs 3,600 crore IPO opened for subscription on Wednesday, offering over 9 crore shares in a complete offer for sale. The issue, priced between ₹378–₹397 per share, closes on November 14, with allotment on November 17 and listing slated for November 19.
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The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) said it has approved six new real estate projects involving a proposed investment of Rs 863.94 crore across five districts of the state.
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Japan’s Nikkei share average rose on Wednesday, extending gains after SoftBank Group trimmed losses, while Sony Group helped the broader Topix to close at a fresh high on a robust annual profit forecast.
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Info Edge India reported a significant 1,260% surge in its Q2 net profit, reaching Rs 316 crore compared to Rs 23 crore in the previous year. Revenue from operations also climbed 15% to Rs 805 crore. The company’s diverse businesses, including recruitment, real estate, matchmaking, and education, contributed to this strong financial performance.
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European shares hit a record high on Wednesday as investors were relieved by a potential end to a historic U.S. government shutdown and also assessed corporate updates from UK’s SSE and France’s Edenred.
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NDR InvIT Trust, India’s pioneering Perpetual Warehousing and Industrial Parks InvIT, announced robust financial results for the quarter ended September 30, 2025 (Q2 FY26), reporting a Profit After Tax (PAT) of INR 366.02 million.
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Bitcoin slipped nearly 3% to around $103,000 after briefly touching $107,000, as profit-taking and weakness in AI and tech stocks weighed on sentiment. Ethereum and major altcoins also declined, pulling the global crypto market cap down over 3% to $3.47 trillion, according to CoinMarketCap.
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India’s travel boom is shifting to mid-tier hotels as GST cuts, rising incomes, and medical tourism drive demand, says Sunil Subramaniam, CEO of Sense and Simplicity. He remains bullish on PSU and power infrastructure stocks as long-term bets and calls the recent Britannia leadership-driven selloff an overreaction, reaffirming confidence in India’s consumption growth story.
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Ola Electric chairman Bhavish Aggarwal has further pledged his company shares. This is the third time he has used Ola Electric stock to finance a separate, private venture. This move raises questions about founder risk for shareholders. Ola Electric shares have seen a significant decline since its listing and following Aggarwal’s previous pledges.
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