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Indian equity markets experienced selling pressure on Tuesday, with midcap and smallcap stocks showing particular weakness. While the Nifty remains in an overall bullish trend above key moving averages, intraday signs are negative. The upcoming results season is expected to increase market choppiness, emphasizing the need for risk management and focus on outperforming sectors.
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Winro Commercial India earned ₹2.15 crore in a single day as LG Electronics India listed 50% above its issue price. The smallcap NBFC turned a ₹4.27 crore IPO investment into ₹6.42 crore, leveraging borrowed funds to maximise returns amid record-breaking demand and subscription.
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Japanese shares sank on Tuesday after a long weekend, clocking their sharpest one-day drop since April, as investors fretted over uncertainty surrounding the country’s next premier and persistent U.S.-China trade tensions.
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Copper prices fell sharply on Tuesday following a strong Monday rally amid profit taking by the investors. The MCX October copper futures fell 2.4% to hit a low of Rs 979 per kilogram, taking cues from international prices which saw deeper cuts.
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European stocks dipped on Tuesday on renewed worries about a U.S.-China trade war and as Michelin’s shares slid to a more than two-year low after the French tyre maker cut its annual forecast.
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Tech Mahindra is poised for a double-digit sequential improvement in its September quarter net profit, with estimates ranging from 11.4% to 19.5% growth. Revenue is also expected to see a modest uptick, driven by large deal wins in key verticals. Analysts will be watching demand trends and deal pipeline visibility.
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ICICI Prudential Life Insurance Company on Tuesday reported 18 per cent growth in consolidated net profit at Rs 296 crore for three months ended September 30, 2025.
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LG Electronics India surged 50% on debut, valuing the company at $13.1 billion—above its South Korean parent. The Rs 11,607-crore IPO drew overwhelming demand, earning top broker buy ratings and marking the largest listing-day premium among India’s Rs 10,000-crore-plus IPOs.
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Hiren Ved of Alchemy Capital Management foresees a decade dominated by consumer tech and platform companies, emphasizing their ability to aggregate demand and supply. He notes India’s ongoing financialization, with a shift from savers to investors, creating opportunities for asset and wealth managers.
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