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Indian benchmarks experienced a decline of over 1% on Tuesday, driven by uncertainty regarding near-term market prospects and profit-booking after a recent rally. Ebbing foreign inflows and a surge in Covid-19 cases across India and Asia further contributed to the cautious market sentiment. Traders are also adding short positions, suggesting limited upside potential in the near future.
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News and Media
While we are still going to end up with sizable tariffs on imports this year compared to the start of the year, it is important to look at where we were just five weeks ago. At that point, with tariffs at 145% on one side and 125% on the other, we were essentially facing a virtual embargo on trade between the two largest economies in the world.
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News and Media
Since the Pahalgam attack on April 22, Paras Defence and Space Technologies, Ideaforge Technology and Zen Technologies have soared 30-50%, amid a broader euphoria among defence-related stocks.
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News and Media
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