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Markets ended higher for the fifth straight session Monday, with Sensex surging 800+ points and Nifty closing above 24,100. Gains were led by energy, auto, IT, and realty sectors.
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Five years after Covid shuttered the market, companies have begun signing new leases at a faster pace, and many are seeking upgrades.
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Elara Securities' Karan Taurani views Eternals' move to cap FII ownership positively, paving the way for inventory-led quick commerce growth. This shift allows better control over quality, pricing, and private labels, especially in sensitive sectors like medicine. Data localization norms also benefit Eternals as a domestic entity.
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News and Media
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