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Arvind Sanger from Geosphere Capital Management suggests markets are beginning to acknowledge the potential for sustained high tariffs, exceeding previous expectations. The uncertainty surrounding trade deals with major economies like Japan, the EU, and India, coupled with concerns about the Federal Reserve's interest rate policy, is creating turmoil.
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Reliance Industries shares: Jefferies offered a candid assessment, noting that consolidated EBITDA came in 3% below its estimates, with the O2C and Retail segments missing expectations by 5% and 4%, respectively. Despite this, the global brokerage retained its Buy rating with a target price of 1,726.
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Adani Group plans a significant expansion in its airport business. The group will invest nearly Rs 1 lakh crore over the next five years. This investment will focus on infrastructure and real estate development. Navi Mumbai Airport will soon be added to their portfolio. The group will also develop new terminals at various airports across India.
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News and Media
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