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Wipro’s Q3 results were largely in line, with 1.4% QoQ constant-currency growth and stable margins after wage-code impact. Management guided 0–2% CC growth for Q4, signalling a gradual return to growth. Deal bookings were softer, but analysts expect potential improvement in Q4 as momentum stabilises. The outlook remains cautious as demand visibility improves slowly across...
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Yes Bank shares: The bank posted a strong Q3FY26 performance, with standalone net profit rising 55% year-on-year to Rs 952 crore and up 45% sequentially. While interest income dipped marginally, net interest income grew 11% and margins improved to 2.6%, supported by lower interest expenses.
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Polycab India’s December-quarter results delivered strong revenue and profit growth but also exposed margin pressures from higher costs. While the stock fell ahead of the results, most brokerages remain bullish, citing robust volumes and structural demand tailwinds, even as a few flag margins as the key risk going forward.
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Oil prices saw little change. Iran’s crackdown on protests eased concerns about a U.S. attack disrupting supplies. Brent crude traded at $64.18 a barrel. U.S. West Texas Intermediate for February rose to $59.52. U.S. military movements to the Gulf continue. Venezuela’s oil production ramp-up is expected to take many years.
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The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
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Maruti Suzuki announced a significant Rs 35,000 crore investment to establish a new manufacturing facility in Gujarat, aiming for an annual production capacity of 10 lakh vehicles. This expansion is part of the company’s strategy to boost overall manufacturing to 4 million units annually, meeting rising domestic and export demand.
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The dollar weakened on Monday as President Trump’s latest tariff threats against European nations over Greenland prompted investors to seek safe-haven currencies like the yen and Swiss franc. Major EU states condemned the threats, with France proposing economic countermeasures. This broad risk-averse sentiment led to a decline in the dollar’s standing.
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Gold and silver prices reached record highs as escalating U.S.-Europe trade tensions drove investors to safe-haven assets. President Trump’s threat of new tariffs on European countries over Greenland prompted a broad risk-averse market move, with U.S. stock futures and the dollar sliding.
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Markets reacted negatively as US President Donald Trump proposed new tariffs on eight European nations. This move revived tariff concerns, causing risk assets to slip and safe-haven demand to strengthen. Gold and silver prices surged to record highs. Equity futures slumped, and the dollar weakened.
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