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The Indian market is expected to trade higher on Tuesday, supported by positive global cues. Nifty futures closed lower on Monday with a 0.34% loss. Options data suggests a broader trading range of 24,100 to 25,000, with immediate support at 24,500 and resistance at 24,700. Traders can focus on short-term opportunities in selected F&O and cash market stocks.
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News and Media
A McDonald's worker identified Mangione. Police arrested Mangione in Pennsylvania. He possessed a ghost gun, suppressor, and anti-healthcare manifesto. Social media users rallied behind Mangione. They used hashtags like #FreeLuigi. Some offered financial aid. Many criticized the US healthcare system. They cited insurance claim denials. The public showed little sympathy for the deceased CEO.
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News and Media
To make growth more sustainable, authorities will look to make recovery more broad-based, lifting investment growth along with consumption.
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News and Media
A recent report from Morgan Stanley reveals a notable trend in wealth accumulation in India over the past decade. Indian households have collectively accumulated $9.7 trillion in wealth. Property remains the primary source of this wealth, though gold and equities have also made substantial contributions. Gold represented 22% of the wealth added over the last 10 years, while equities accounted for 20%.
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News and Media
In the Nifty midcap pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on December 9, according to stockedge.com's technical scan data.
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News and Media
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