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Today marks the start of the second quarter earnings season. TCS, Tata Elxsi, IREDA, and other companies will declare their results for the September quarter. Brokerage firms expect TCS to show up to 8% year-on-year revenue growth. Key points include the BSNL deal ramp-up and commentary on the FY25 demand environment.
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News and Media
Domestic markets closed lower as stocks like Varun Beverages, Suzlon Energy, and Torrent Power gained attention with notable movements. Analysts suggest potential gains for these stocks given the key support and resistance levels, indicating positive recovery trends if buying momentum continues.
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News and Media
The U.S. dollar nears a two-month high as traders scale back expectations for rate cuts, spurred by strong payroll data. Markets anticipate steady core inflation from the upcoming CPI report. The euro and yen show minimal movement, while the Australian dollar dips amid China's lackluster stimulus news.
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News and Media
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