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US-listed shares of the e-commerce giant fell nearly 11% on Thursday following the announcement.
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The Indian market is expected to trade higher on 22 November 2024, following positive global cues. Despite a 2.09% rise in the India VIX, indicating increased caution, FII selling pressure persists. Experts suggest that Nifty could face downward pressure unless it stabilizes near key support levels. A list of top trading stock recommendations includes ABB, Federal Bank, Power Grid, and Ramco Cements, among others.
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News and Media
Shares of LTIMindtree (LTIM) are expected to remain in focus on Friday after Life Insurance Corporation of India (LIC) announced an increase in its stake in the company from 5.033% to 7.034%.
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News and Media
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