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German home prices edge up but pace slows
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Analysis-China’s rare earths dominance to overshadow Trump’s talks with Xi
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Fragmented market prevents EU banks from financing bloc’s ambitions, EBA chair says
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Avantel shares rise 9% after Rs 177 crore satellite communication order from Zetwerk
Avantel shares jumped over 8% on Thursday after securing a Rs 177.35 crore purchase order from Zetwerk Manufacturing Businesses for satellite communication equipment. Scheduled for execution by March 2027, the domestic manufacturing contract boosts revenue visibility for the telecom and defence electronics manufacturer following robust Q1 FY27 results.
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Stocks to buy: UBS picks 4 NBFC shares with upside potential of up to 36%
UBS anticipates a robust cycle of unsecured credit growth in India, primarily fueled by personal loans. The brokerage emphasizes the strong asset quality in banks and non-banking financial companies (NBFCs), coupled with sufficient liquidity in the system. Investors might consider four recommended NBFC stocks, like Shriram Finance and Poonawalla Fincorp, as they promise substantial upside…
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Bharat Dynamics shares rise 2% in a weak market after bagging Rs 811 crore order from Ministry of Defence
Bharat Dynamics shares gained 2% after the Defence Ministry awarded an Rs 810.79-crore contract for 160 SAT-SAAW weapons and associated equipment for the Indian Air Force, adding to the company’s order visibility amid rising defence spending.
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IFCI, New India Assurance, other stocks drop up to 3% as NSE makes a muted market debut. What to expect?
On Thursday, shares of IFCI, New India Assurance Company, and General Insurance Corporation fell up to 3%. The National Stock Exchange listed with less than a 1% premium over the IPO price. NSE’s initial public offering aimed to raise Rs 22,562 crore entirely through an offer for sale. Analysts anticipated long-term potential for NSE despite…
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BSE shares fall 2% as NSE makes market debut. Here’s why Macquarie sees 22% upside
On Thursday, BSE shares fell by 1.5%, coinciding with NSE’s much-anticipated market debut after a lengthy IPO process. The initial response from analysts was varied; while Macquarie predicted a potential rise in BSE’s target price, both Nuvama and Jefferies warned of looming regulatory hurdles that might impact market engagement. Despite the recent downturn, BSE has…
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Jacobs wins contract extension for thyssenkrupp direct reduction plant in Germany