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Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 106.41.
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JM Financial shares surged 4% to hit an intraday high of Rs 108 following the announcement of a Rs 230 crore tax refund from the Income Tax Department of India. This refund pertains to the assessment year 2008-09 and will positively impact the company's financials.
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Argentina's president gifted Elon Musk a chainsaw to symbolise cuts to bureaucracy.
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