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In a remarkable financial turn, Torrent Pharmaceuticals has disclosed a staggering 30% rise in after-tax profit for the September quarter, reaching 591 crore. This impressive growth is attributed to thriving sales in various markets, which escalated their total revenue to 3,302 crore.
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Vanguards India portfolio has surged 53% to Rs 65,897 crore, with 10 key stocks rallying up to 90% in FY26, highlighting its sharp stock-picking strategy.
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News and Media
Gold prices climbed on Friday as a weaker dollar and U.S. government shutdown uncertainty boosted safe-haven demand. Wall Street indexes faced sharp weekly declines amid concerns over AI stock rallies. Traders are now anticipating a potential Federal Reserve interest rate cut in December.
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News and Media
European shares concluded a volatile week lower, with technology stocks leading the decline due to persistent valuation concerns and broader risk-off sentiment stemming from the U.S. Automakers saw gains, while broadcaster ITV surged on potential sale talks. Investors also assessed corporate earnings, which showed some positive signs despite individual company setbacks.
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Indian markets saw a dip mirroring global trends. The Nasdaq experienced its largest weekly fall since April due to concerns over artificial intelligence stock sustainability. U.S. Treasury yields also declined. China's trade data showed the impact of tariffs. Bitcoin saw a weekly decline but gained on the day. Major U.S. indexes recovered some losses late in the session.
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News and Media
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