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Latest Stock Market News

Gold and silver rebounded from the previous session s lows, driven by safe-haven buying and a weaker dollar index. On Tuesday, both gold and silver closed on a positive note in the domestic and international markets.

Swiggy, which holds a 45% share of India s online food delivery market, is expected to experience mid-to-high teens growth in the segment over the medium term. Jefferies projects the company’s Gross Merchandise Value (GMV) in food delivery will reach $3.4 billion in FY25, with the industry anticipated to grow at a 20% compound annual growth rate (CAGR) through FY27.

IndusInd Bank share price: The review followed the Reserve Bank of India s (RBI) guidelines on lenders derivative portfolios, which were issued in September 2023. It examined the bank s "Other Asset and Other Liability" accounts and found discrepancies in the account balances.

The Indian stock market is experiencing one of its longest corrections, with the Nifty 200 dropping nearly 16% over 165 days. The prolonged downturn is driven by weak corporate earnings, expensive valuations, and significant FII outflows, rather than a major external crisis.

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Adani Green Energy Ltd (AGEL) has successfully commissioned a 250 MW solar power project in Kadapa, Andhra Pradesh, boosting its total renewable energy capacity to 12,591.1 MW. The project aligns with India’s clean energy goals. Despite an 85% rise in net profit for Q3, AGEL’s stock has faced a 57.3% decline over the past year.

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A shift below the VWAP suggests a potential bearish trend, according to technical scan data from StockEdge

The country’s strong demographic advantage, digital transformation, and rising market capitalization are increasingly positioning it as a standalone investment destination, much like the U.S. and China.

While the prevailing conditions suggest that interest rates may remain high, which could limit gold’s upside, any sudden escalation in global tensions could trigger a strong rally

According to Mint reports, the stake sale may be carried out in several small tranches rather than a single offering in the upcoming fiscal year, depending on favorable market conditions, as the government aims to maximize the value of its stake in the insurer.

RVNL shares: The project entails building a 6-lane access-controlled road to Visakhapatnam Port, spanning from Sabbavaram to Sheelanagar junction and bypassing the Anakapalli-Anandapuram corridor.

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