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Investec reports an improved risk-reward scenario for most IT services stocks, projecting potential one-year returns exceeding 10-15%. The brokerage upgraded Infosys to 'Buy' with a target price of 1,655, anticipating an 8% gain. Tech Mahindra, Infosys, and TCS are favored among larger stocks, while Mphasis, Zensar, and KPIT are preferred in the mid-sized category.
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News and Media
Chinese stocks surged again, fueled by abundant liquidity and optimism surrounding DeepSeek's updated model. The rally, led by technology shares, broadened to include property stocks after Shanghai eased home-buying rules. While some see room for further gains, concerns about overheating are emerging as key benchmarks rise significantly from their lows, with investors closely monitoring liquidity indicators.
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News and Media
A survey says food inflation is at its highest level for 18 months, as the cost of staples grow.
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News and Media
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