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NSE announced the exclusion of five stocks: Apollo Tyres, Deepak Nitrite, Escorts Kubota, MRF, and Ramco Cements from the F&O segment starting June. This follows earlier removals, with 16 more stocks exiting by February 2025. Markets rebounded on Friday after an initial dip.
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NMDC shares rose 1.6% on Friday as the record date for its Rs 2.30 interim dividend for FY 2024-25 was finalized. Other companies like Acceleratebs India and CG Power also announced interim dividends on the same date, determining shareholder eligibility.
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Seth R Freeman of GlassRatner Advisory highlights the market's uncertainty ahead of the April 2 tariff deadline and the potential impact on business planning. He notes that U.S. markets may have peaked and emphasizes investor concerns about the sentiment problem. Freeman suggests a wait-and-see approach over the coming months, with opportunities in emerging markets like India.
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