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U.S. stocks jumped on Monday with finance and technology shares providing much of the upside muscle, as upbeat quarterly earnings results revived risk appetite and investors grew less fearful about regional bank credit quality.
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News and Media
Major stock indexes gained sharply on Monday with investors looking forward to quarterly earnings reports from big U.S. companies this week, while U.S. Treasury yields edged lower ahead of upcoming U.S.-China trade discussions.
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News and Media
Indian stock markets saw gains for the fourth consecutive session on Monday. The Sensex and Nifty both closed higher, driven by strong performances from Reliance Industries and HDFC Bank. These companies saw a boost following their recent financial results. However, profit-taking in ICICI Bank limited the overall market surge. Investors reacted positively to the corporate updates.
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News and Media
Indian markets are experiencing a cheerful mood. Nifty has broken out of its consolidation phase, indicating potential for new highs. Bank Nifty is already in uncharted territory. Analysts suggest a 'buy on dip' strategy. IndusInd Bank and Dr Reddy's are highlighted as stock recommendations with good risk-reward potential. Investors can look forward to further market gains.
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News and Media
Market expert Digant Haria observes India's financial sector's mixed performance. IndusInd Bank is consolidating post-turbulence, while life insurers are entering a market-linked returns phase. Reliance Industries faces limited upside due to scale and stake sales, and HDFC Bank needs more quarters to regain growth momentum.
Category:
News and Media
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