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Union AMC's Sanjay Bembalkar remains positive on equities despite the recent rally, favoring consumer discretionary, industrials, and financials. He advises caution on narrative-driven sectors lacking fundamental strength, suggesting potential corrections. Bembalkar recommends a diversified portfolio with 20-25% in gold/silver and a systematic investment approach for equities, considering near-term volatility.
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News and Media
Amid escalating conflict between Israel and Iran, countries are scrambling to evacuate their citizens by air, land, and sea. With airspace closures disrupting commercial flights, governments are utilizing land routes through neighboring countries. Bulgaria, China, the European Union, France, and Germany are among those assisting their nationals with evacuations, facing logistical challenges and security concerns in the process.
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News and Media
US equity futures saw moderated declines amidst President Trump's consideration of military support for Israel against Iran. Markets displayed uncertainty, with potential US involvement and energy-driven inflation posing risks. Brent crude experienced a fall, while the yen strengthened against the dollar, reflecting investor caution.
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News and Media
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