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The economy failed to grow following the biggest contraction in manufacturing output for a year.
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News and Media
Jefferies has cut price targets for TCS, Infosys, Wipro, HCLTech, and Tech Mahindra amid AI-driven disruption and slow global tech spending. While preferring Coforge and HCLTech, the brokerage warns that large-cap IT valuations already reflect optimism, advising selective exposure amid near-term demand softness.
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News and Media
Gold ETFs witnessed a surge in August, with inflows jumping 74% to 2,189 crore, driven by its appeal as a portfolio diversifier amid global uncertainties. Experts highlight gold's role as a hedge against volatile equity markets and geopolitical tensions.
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News and Media
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