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The Indian market remained volatile throughout Thursday's trading session. The BSE Sensex fell by more than 100 points, while the Nifty50 closed above the 23,500 level.
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The money could come from a sale of part of the business, or new investment from existing shareholders.
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At the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Chinese President Xi Jinping urged the region to promote free trade in the face of "rising protectionism." Xi emphasized the importance of removing barriers to trade, investment, technology, and services to maintain a stable industrial supply chain, according to Chinese state media.
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