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Ace investor Dolly Khanna has increased her stake in Mangalore Chemicals & Fertilizers. Her investment rose to 2.18% by March 31, 2025. This is up from 1.75% at the end of December 2024. Khanna now holds 25,87,360 shares in the company. Despite this, her portfolio net worth saw a slight dip.
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News and Media
Adani Group stocks rose up to 6% amid reports that the Trump administration is backing away from foreign bribery cases. This follows the US administration's executive order pausing prosecutions under the Foreign Corrupt Practices Act, affecting ongoing legal scrutiny of Adani's alleged $265 million bribery scheme.
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News and Media
Indian equities joined a global relief rally on Tuesday after U.S. President Donald Trump hinted at additional tariff exemptions, helping domestic indices recover losses from earlier this month. Meanwhile, four stocks from the Nifty 500 index hit fresh 52-week highs. Heres the list:
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News and Media
Auto stocks face headwinds despite Trump's tariff pause, with many underperforming expectations due to domestic economic concerns and muted Q4FY25 earnings. While some stocks like Eicher and TVS have shown resilience, brokerages anticipate earnings downgrades across the sector due to weak demand and plateauing margin expansion. Experts recommend stock-specific strategies, highlighting Maruti Suzuki, Ashok Leyland, and M&M as potential buys.
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News and Media
Kotak Institutional Equities' Sanjeev Prasad suggests a potential IT sector backstop due to already priced-in bad news and company cash reserves, despite unglamorous guidance. He questions high valuations across sectors, considering weaker short-term growth, medium-term disruptions, and elevated global bond yields.
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News and Media
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