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Bajaj Housing Finance shares surged 5% as its one-year shareholder lock-in period ended, unlocking 5,291 million shares64% of total equity. While the stock has gained 70% from its IPO price of Rs 70, it still trades 17% below its listing price. Analysts remain cautious, with a Rs 108 target, implying a 13% downside from current levels.
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In March 2025, select Alternative Investment Funds (AIFs) significantly outperformed traditional benchmarks, with some delivering returns exceeding twice the Nifty50's gain. Samvitti Capital's Alpha Fund led Category III long-only strategies with a 15.22% return.
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A top Chinese official, Xia Baolong, condemned the U.S. tariff war as "extremely shameless" and an attempt to harm Hong Kong. His remarks followed China's increased levies on U.S. goods in response to U.S. tariffs. Despite U.S. tariffs on China applying to Hong Kong, the city does not plan retaliatory measures, maintaining its status as a free trade hub.
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