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Ahead of the Union Budget, market expert Sandip Sabharwal urges selective investment in defence stocks. He notes the commercial vehicle cycle is strong, with Tata Motors CV appearing more attractive than Ashok Leyland. Sabharwal sees value in ITC, expecting moderate returns. He expresses skepticism about Swiggy's profitability amid intense competition and growth challenges.
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The company's revenue was boosted by iPhone sales, but sales of its wearable tech and Mac computers dipped.
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Since returning to the White House last year, the US president has used tariffs as a key policy tool.
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