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Sachin Shah of Emkay Investment Managers sees strong growth ahead, driven by domestic consumption and manufacturing. Despite market consolidation, he highlights opportunities in IT, autos, FMCG, and private banking, anticipating a broad-based rally fueled by a virtuous cycle of consumption and capex in the coming years.
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Analysts point to delays in the reporting of economic data due to the US government shutdown as one reason for the rise.
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News and Media
A federal government shutdown has led to increased flight delays across the U.S. due to staffing shortages affecting air traffic controllers and airport security screeners. Union leaders warn the situation is worsening, with potential impacts on upcoming holiday travel as critical federal workers continue without pay.
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News and Media
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