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Indus Towers shares fell 5% to a 52-week low after the board approved a strategic international expansion into Nigeria, Uganda, and Zambia. While the move aligns with the governments push for global growth, investors appeared cautious due to risks like regulatory hurdles, geopolitical instability, and cost pressures. The plan leverages Induss ties with Bharti Airtel in African markets.
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Several parents criticise logos and emblems on uniforms, preventing them from buying generic items.
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Aamar Deo Singh from Angel One highlights the market rally fueled by GST reforms and potential US Fed rate cuts. FIIs are shifting from largecaps to mid and smallcaps, targeting growth sectors like consumer discretionary and financials. Emerging themes such as AI, data centers, and semiconductors present long-term wealth creation opportunities in India.
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News and Media
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