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Chennai Petroleum Corporation announced an interim dividend of Rs 8 per share for FY 2025-26, payable by April 25. Shares remain strong, up over 60% in a year, trading above key moving averages.
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Indian benchmark indices rallied for a second session, led by banks, auto and consumer stocks. Nifty climbed above 23,300 while Sensex reclaimed 75,000. Analysts see near-term bullish momentum, though global uncertainties, volatility and resistance levels may cap further upside.
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Wave Life Sciences shares plunged ​58% on Thursday after a higher dose of its experimental obesity drug failed to show a clear improvement at reducing a dangerous type of belly fat.
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U.S. insurers Equitable and Corebridge Financial said on ​Thursday they will merge in an all-stock deal that would create a $22 billion retirement, life ​insurance and asset management company.
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New applications for U.S. unemployment benefits rose slightly last ​week, suggesting the labor market remains stable and likely giving ​the Federal Reserve scope to hold interest rates steady while monitoring inflation risks from the conflict in the Middle ​East.
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Shares of ​Kodiak Sciences surged 68.6% to their highest in more than ​four years on Thursday after the drug developer’s experimental drug met the main goal in a late-stage study in patients with diabetes-related eye damage.
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Nifty extended gains for a second session, led by banks, auto and consumer stocks amid easing Middle East tensions. Analysts see bullish momentum sustaining above key support, with upside potential if resistance levels are crossed, while highlighting selective stock buying opportunities.
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The Vadodara civic body is aiming to raise another Rs 200 crore through the municipal bonds route by July this year, people familiar with the development have said.
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Wall Street stocks opened lower as oil prices surged, fueled by escalating tensions between the US and Iran and a lack of immediate peace prospects. Investors are concerned about the economic impact of high oil prices, while memory chip manufacturers faced declines following new AI research.
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markets fell March Iran US Israel conflict drove oil surge, hitting Dalal Street hard. Investor Vijay Kedia urges patience, stressing losses are unreal until sold and crises build temperament, advising discipline, emotional control, and long term perspective for wealth creation.
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