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Nifty slipped for a third session as auto and energy stocks dragged. Analysts see a sluggish, range-bound trend between 26,000–26,300, with key breakout or breakdown levels guiding near-term direction and short-term trading strategies ahead.
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Angel One’s board will meet on January 15 to consider a stock split and its first interim dividend for FY26, alongside Q3 earnings, amid weak stock performance despite strong recent quarterly profit growth.
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Shares of billionaire Michael Saylor’s Strategy rose in premarket ‍trading on Wednesday, after ​MSCI dropped a plan to exclude the bitcoin hoarder and ⁠other crypto treasury firms from its indexes.
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Gold prices fell over 1% on Wednesday as investors booked profits after a recent rally, though it pared some losses after weaker-than-expected U.S. private payroll growth for December ‌bolstered bets on ‌Federal Reserve rate cuts.
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GameStop on Wednesday unveiled a compensation package worth roughly $35 billion ‍for CEO Ryan Cohen, hinging on a ​turnaround that requires him to lift the struggling videogame retailer’s market value ⁠more than tenfold and sharply boost its profit.
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Indian equities declined for a third session as heavyweight selling, geopolitical tensions and weak global cues dented sentiment. Analysts expect a cautious, range-bound market ahead of Q3 earnings and key US data, advising selective buying in defensives and large-cap themes.
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Rupee strengthened against the dollar despite equity outflows as RBI intervened aggressively to curb speculation. Central bank dollar sales lifted the currency to a three-week high, made it Asia’s top performer, and signalled tolerance for only limited one-sided moves ahead.
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U.S. online holiday spending growth slowed in the ‍2025 season, Adobe Analytics ​data showed on Wednesday, even as shoppers ⁠set a record on the back of steep discounts and wider use of buy-now-pay-later plans.
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U.S. ​crude stocks fell while gasoline and distillate ⁠inventories rose last week, the Energy Information Administration said on Wednesday.
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Microcap Mangalam Drugs saw multiple bulk deals as Vijay Kedia’s firm sold shares, yet the stock rose five percent. Despite a month-long rally, the stock remains deeply down year-on-year and trades below key moving averages after prolonged price erosion phase.
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