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Indian benchmark indices Sensex and Nifty experienced significant drops, driven by losses in Reliance Industries and banking stocks. Analysts suggest investors monitor IRCTC's upcoming earnings for potential movement, while IRFC needs to hold above key levels for bullish momentum. Raymond, despite initial losses, showed resilience, with its future trajectory depending on upcoming earnings.
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News and Media
Gold prices held steady on Tuesday as investors awaited the outcome of the U.S. presidential election and the Federal Reserve's policy meeting. The U.S. presidential race remains tight, while the Fed is widely expected to cut interest rates. Gold is seen as a safe-haven asset during times of uncertainty.
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News and Media
Some of the so-called "Trump trades" unwound after a recent poll showed Harris, the Democratic vice president, leading in Iowa, sparking a drop in the U.S. dollar, Treasury yields and bitcoin. Trump Media & Technology Group closed up 12.37%, bouncing back from early losses of nearly 6%.
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News and Media
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