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Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict. The U.S. central bank's steady interest rates also influenced the market, while safe-haven demand and central bank purchases are expected to support gold prices. Silver, palladium, and platinum experienced varied price movements.
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Vanguard Group, a US-based investment management company, has acquired a 1.1 per cent stake in the supermarket chain Vishal Mega Mart for 655 crore through open market transactions. Vanguard Group purchased over 5.04 crore equity shares in two tranches at an average price of 129.74 apiece. Following the stake buy, shares of Vishal Mega Mart rose 2.
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Tata Capital is nearing its 17,200 crore IPO launch as SEBI has cleared its draft papers. The IPO, one of the largest in the financial sector, includes a fresh share issue and an offer for sale by Tata Sons.
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