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Indian benchmark indices faced profit booking, with Nifty declining by 1.22% and Sensex shedding 925 points. FMCG outperformed, while Defence and IT sectors declined. Analyst Sudeep Shah suggests a cautious, stock-specific approach amid global tariff uncertainty and Q1 earnings. Nifty's fall below key levels signals weakness, while Bank Nifty remains range-bound. Tourism, CPSE, and PSE sectors show relative strength.
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News and Media
The third week of July 2025 brings a host of corporate actions, including final dividends, interim payouts, bonus issues, and a rights offering. Major announcements come from companies like TCS, Bharti Airtel, Coromandel International, and Symphony.Under the T+1 settlement cycle, investors must purchase shares at least one trading day before the ex-date to qualify for these benefits. Here's the full schedule:
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News and Media
Samhi Hotels shares witness a significant surge, reaching an all-time high. The stock appreciated nearly 98.4% since April. Ace investor Madhuri Madhusudan Kela backs the company. She holds a 1.69% equity stake. Samhi Hotels shares closed higher on Friday. The stock shows strong gains over the past three months. Technically, the stock is performing well above its moving averages.
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News and Media
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