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Tributes poured in from across Latin America on Tuesday following the death of Uruguay's former president Jose "Pepe" Mujica, an ex-guerrilla fighter revered by the left for his humility and progressive politics. Leftist leaders from across Latin America and Europe paid tribute to the man described by Mexican President Claudia Sheinbaum as an "example for Latin America and the entire world."
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Amid market resilience, Deven Choksey anticipates Nifty potentially reaching 25,200, with corrections offering buying opportunities. He suggests IT, pharmaceuticals, and metals could drive market momentum, favoring large-cap stocks over mid and small-caps. Controlled input costs and improved capital goods demand may benefit manufacturing, with selective buying advised in IT and pharma stocks.
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The earnings season is wrapping up with 126 companies set to reveal their Q4 results. Key companies like HAL, Eicher Motor, and Tata Power are in focus. Eicher Motors anticipates a rise in net sales and profit. Tata Power expects revenue growth, supported by its renewable energy sector. Analysts are closely watching these financial announcements for market insights.
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