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Foreign investors continued to offload Indian government bonds in June, albeit at a slower pace compared to the previous two months, influenced by the RBI's policy shift and global risk aversion. Despite inflows since June 2024, factors like rising oil prices, geopolitical tensions, and a weakening rupee contributed to the outflows.
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The Nifty is expected to continue its bullish trend, potentially reaching all-time highs of 26,000-26,200 after breaking out of a consolidation phase. Analysts suggest a 'buy-on-dips' strategy, favoring sectors like banking, financials, and auto. Key support lies around 25,200, with potential resistance at 25,800, indicating a positive outlook for the market this week.
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US business Dr Bronner's has criticised the B Corp scheme for allowing in too many multinationals.
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News and Media
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