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Oil prices climbed and Wall Street pulled back from record highs, while South Korea's Kospi surged more than 4% on renewed chip-buying, as markets brace for a crucial US inflation reading.
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ideaForge Technology shares fell 9.5% over two days after JM Financial downgraded the stock to Add from Buy, citing valuation concerns following a sharp run-up despite strong long-term prospects.
The non-institutional investors’ category was subscribed 255.24 times, while the Qualified Institutional Buyers (QIBs) segment was booked 197.77 times; the retail quota was subscribed 45.71 times
Commerzbank analysts highlight cautious positioning in the Dollar ahead of July US CPI, with the Dollar Index steady near 99.83 and EUR/USD around 1.1540.
Mumbai: Investors punished two major consumer and business groups on Wednesday after sudden leadership changes raised questions about stability, succession and future strategy.
Shoprite Holdings Ltd. raised its earnings guidance as sales at the e-commerce unit of Africa’s largest supermarket chain surged.