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Rich valuation amid rising uncertainty in demand from the US, its largest market, is expected to keep the stock range-bound in the short term, while sustained momentum in deal wins and expected margin expansion will keep long-term prospects intact.
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The first week of the month saw inflows of 4,970 crore as funds flowed into Indian debt in anticipation of a rate cut. The second week, however, saw outflows of 8,163 crore as a rate cut materialised and the rupee touched record lows, making Indian bonds less attractive to foreign investors, experts said.
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News and Media
The movement is a 24-hour economic blackout where consumers are not supposed to buy from corporations, avoid all nonessential purchases and if necessary, only shop at local businesses.
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News and Media
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