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Indian stock markets will be closed on Wednesday, October 22, for Diwali Balipratipada. This follows a symbolic Muhurat trading session that marked the start of Samvat 2082. Normal trading will resume on Thursday, October 23. Market experts anticipate a profit-led revival for equities in the new Samvat year. Corporate profit recovery is key to market performance.
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The plans would see automatic fines for some offences and the burden of proof lowered for others.
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Indian stock markets began the new Samvat year with gains. Experts anticipate double-digit returns in the coming year. This optimism is fueled by ample liquidity and expected consumption growth. A resolution of tariff issues is also a key factor. Foreign investors may engage in short-covering rallies. The market closed higher in special Muhurat trading.
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