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India anticipates a crucial tariff deadline on July 9th. This deadline could affect the rupee and external finances. A trade deal with the US is expected. This deal is beneficial for both countries. Market outlook is positive with double-digit growth expected in FY26. PSU banks are fundamentally strong. Discretionary consumption is attractive. Retail sector is positive.
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News and Media
Suzuki surpassed Mercedes-Benz as Japan's leading car importer in June, driven by the popularity of the Jimny Nomad and Fronx, both assembled in India. The Jimny Nomad's success led to a temporary halt in orders due to overwhelming demand. Honda also experienced significant import growth with its India-produced WR-V, highlighting a shift in consumer preference towards affordable, compact SUVs.
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News and Media
In the Nifty 500 pack, eight stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on July 3, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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News and Media
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