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HDFC Bank reported a solid second quarter. Results surpassed market forecasts. Controlled expenses and stable margins supported the performance. Asset quality showed steady improvement. Fee income growth was robust. Treasury income also contributed positively. The bank maintained profitability amidst sector challenges. This performance highlights HDFC Bank's balance of growth and prudence.
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News and Media
Sanae Takaichi is poised to become Japan's first female prime minister, securing a crucial coalition partner after Komeito's departure. Her ultraconservative stance and fragile alliance with the Japan Innovation Party raise concerns about long-term stability and her ability to address domestic and international challenges.
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News and Media
Indian stock markets are showing strong performance this festive season. The Nifty50 is nearing 26,000, driven by positive historical trends during Muhurat trading. Analysts expect continued gains, particularly in midcap and PSU bank stocks. Auto and realty stocks are also recommended for short-term traders. Specific stock recommendations include KANSAINER and RADICO.
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News and Media
An Airbus A320 carrying 162 people skidded off the runway at Saint Petersburg's Pulkovo Airport during an emergency landing due to a landing gear issue. Fortunately, all passengers and crew were uninjured. Flights at the airport were briefly suspended but have since resumed.
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News and Media
Midwest's Rs 451 crore IPO, which saw a massive subscription of 92.36 times, will finalize its allotment on Monday. Investors can check their status on Kfin Technologies or BSE websites. The company, a leading Black Galaxy Granite producer, is expected to list on October 24 with a potential listing price around Rs 1,160.
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News and Media
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