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Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South India, shows promise due to price hikes. Metals also present an opportunity for investment. Consumer discretionary stocks are expected to perform well in the second half of fiscal year 2026.
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News and Media
Chad's former Prime Minister Succes Masra, a vocal critic of the ruling authorities, was reportedly abducted from his home early Friday, according to his party, Les Transformateurs. The incident, captured in an unverified video, shows armed men in military uniform surrounding Masra.
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News and Media
APEC ministers convened in South Korea, expressing concerns over global trade challenges amidst rising US tariffs. Despite differing views, they emphasized cooperation and the importance of the WTO, signaling a commitment to addressing economic uncertainties. While no joint response to US tariffs was discussed, South Korea seeks to mitigate impact through increased US LNG purchases and shipbuilding support.
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News and Media
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