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Oil prices experienced a rebound following earlier losses, fueled by robust economic data from major oil-consuming nations and indications of reduced trade tensions. U.S. crude inventories saw a significant drop, signaling increased refinery activity and demand. Despite concerns over tariffs and slower growth in China, positive developments in trade negotiations between the U.S.
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News and Media
Transrail Lighting's stock has surged following strong Q1 results, driven by double-digit revenue and profit growth. The EPC company, specializing in power transmission and distribution, benefits from a robust order book and capacity expansion.
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News and Media
Amidst regulatory actions impacting exchanges and brokers, money managers suggest asset management companies (AMCs) as a safer investment in India's capital markets. While broking stocks face potential degrowth, AMCs are expected to benefit from consistent inflows. Selective exposure to banking stocks with AMC subsidiaries is also recommended due to attractive valuations.
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News and Media
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