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Jain Resource Recycling shares jumped 9% to a 52-week high of Rs 401.30, extending a five-day rally after Q2 FY26 net profit soared 88% to Rs 98.6 crore and revenue rose 52% to Rs 2,113.7 crore.
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While food stores saw very little growth, good weather in July and August boosted clothing sales, according to the ONS.
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New U.S. sanctions on Russian oil giants are impacting global energy markets, with India facing supply challenges. Analyst Geoff Dennis sees potential for easing U.S.-China trade tensions following a meeting between Trump and Xi, favoring equities, particularly in emerging markets like India, despite recent underperformance.
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