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Indian investors, take note: US stocks plunged Tuesday as banking titans warned of a potential market drawdown, fueled by stretched valuations and AI boom exuberance. Major indexes saw significant drops, with tech shares leading the decline. Concerns over high valuations and profit-taking are mounting, prompting a cautious outlook.
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China's services sector expanded in October, but at its slowest pace in three months, as declining overseas orders outweighed improved domestic demand. While new business grew, export orders contracted for the first time in four months due to global trade uncertainties. Employment also declined, and input costs rose, pressuring profit margins.
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ChrysCapital has secured a record $2.2 billion for its latest fund, ChrysCapital X. This marks a significant achievement for the Indian private equity firm. The fund saw strong participation from both global and domestic investors. ChrysCapital's strategy focuses on key sectors like consumer, healthcare, and technology. The firm has a proven track record of delivering substantial returns to its investors.
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News and Media
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