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The Indian rupee extended losses to a ‍fifth consecutive session on ​Tuesday as strong dollar demand continued to put pressure ⁠on the currency, while a fresh low was averted after likely central bank intervention.
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Axis Direct expects the FY27 Union Budget to balance growth and fiscal discipline, with a projected deficit of 4.2–4.4% of GDP, and has identified 26 stocks across eight sectors that could benefit from capex-led growth.
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ITC Hotels reported strong December-quarter performance with revenue rising 21% and profit increasing, driven by higher occupancy, improved room rates, robust weddings and MICE demand, strong F&B growth, and continued expansion, adding new hotels and expanding its nationwide portfolio.
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Four BSE 500 stocks, including Hindustan Zinc, SBI and Bank of India, hit 52-week highs on Tuesday despite a sharp market sell-off, extending monthly gains of up to 16%.
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Tata Capital is focusing on growth and customer affordability. The company is passing on lower funding costs to customers. Credit costs are declining and expected to go below 1% ahead of schedule. A 23-25% annual growth outlook remains intact. Operating efficiency and GenAI will drive profitability. Return on assets is projected to improve.
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Mutual funds ramp up stakes in 13 smallcap stocks that have surged up to 170% in FY26, with five turning multibaggers.
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ITC Hotels posted strong Q3FY26 results, with net profit surging 77% year-on-year to Rs 235 crore and revenue rising 47%, driven by robust hotel demand, sequential growth, and the first real estate revenue contribution, despite higher costs and stock reaction.
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Copper prices have stalled in early 2026 after a stellar 62% rally last year, with profit booking and volatility capping gains. While near-term momentum has softened, analysts say strong fundamentals and supply constraints continue to support the medium-term outlook.
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