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Trent shares have fallen nearly 40% from record highs, with Kotak Institutional Equities warning of a further slide below Rs 5,000. The brokerage cites slowing same-store sales growth, aggressive store expansion risks, and muted revenue outlook as key reasons for its Reduce call.
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News and Media
OFSS shares saw early gains following Oracle Corps historic 36% rally, but later gave up all profits after the company clarified no material developments impact its business. While Oracles AI-driven cloud growth sets a positive backdrop, OFSSs performance remains tied to its own financial software operations and deal pipeline.
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News and Media
BSE shares fell for two days in a row ahead of Sebis board meet amid reports of a plan to curb weekly F&O expiries. Analysts caution that regulatory changes, including expiry shifts and open interest norms, may impact derivatives trading volumes and BSEs earnings outlook.
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News and Media
The US Census Bureau's latest data reveals a slight dip in income inequality and a rise in median household income. The nation is becoming more diverse, with increases in Asian and Hispanic populations, while fewer people are getting married. Additionally, residential mobility decreased amid rising housing costs for both homeowners and renters.
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News and Media
Larry Ellison, the Oracle founder, briefly surpassed Elon Musk to become the world's richest person. This happened after Oracle shares surged, increasing the company's market value significantly. Oracle's rise is due to promising forecasts for its cloud infrastructure revenue. The company has also secured major deals in the artificial intelligence sector. This shift highlights the dynamic nature of wealth rankings.
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News and Media
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