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Bank Nifty has breached the 48,800 level and is trading higher, with expectations of reaching 49,225. Autos, metals, and PSU banks are leading gains, with specific interest in Tata Motors, TVS Motors, Hindalco, and Sun Pharma due to strong buying actions.
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Village Roadshow blames its troubles on a fall-out with Warner Bros and a failed move into independent film production.
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China has experienced a $7 billion loss due to Sri Lanka's external debt restructuring. Chinese Ambassador Qi Zhenhong has expressed hopes for future collaboration between China, India, and Sri Lanka, emphasizing that there is no dispute between China and India, and both countries have experienced rapid growth.
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News and Media
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