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Indian equities are testing a crucial 25,650 support level for the Nifty, with analysts suggesting a potential bounce if it holds. However, a break could trigger further declines. PSU banks are highlighted as a strong sector, with Punjab National Bank a top pick. Investors are advised to be selective, favoring public sector enterprises amidst market volatility and geopolitical concerns.
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The Gates Foundation said the decision was made to "ensure the focus remains on the summit's key priorities".
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Godfrey Phillips India shares are surging. Companies are raising cigarette prices to cover higher costs, in light of the new tobacco tax regime. The price hikes aim to reduce expected profit declines. Marlboro Compact prices have increased. ITC is also expected to raise prices. Retailers are selling existing stock at higher rates.
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News and Media
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