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CDSL has delivered a stellar 42% return in six months, with shares trading near Rs 1,600 on NSE, not far from their December 2024 peak of Rs 1,989.80. After a consolidation phase, the stock has regained momentum, posting weekly and monthly gains, and analysts are watching if this strength can drive it back to record highs.
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News and Media
Investor Chris Wood of Jefferies has sold Reliance Industries shares and reduced exposure to select banks, shifting focus to Ambuja Cement amid Indias long-only portfolio. The move follows RILs AGM announcements, including Jio Platforms 2026 IPO and FMCG revenue targets. Ambuja gained appeal from a GST rate cut, cost efficiencies, and accelerated industry consolidation, prompting HSBC to upgrade it to buy.
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News and Media
Increased tax receipts were outstripped by higher spending on public services, benefits and debt interest.
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News and Media
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