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Asian markets traded mixed on Monday, with Japan’s benchmark index scaling fresh highs, as investors balanced strong cues from Wall Street against rising oil prices and geopolitical uncertainty.Japan’s Nikkei 225 surged 1.4% to 60,564.18, hitting a new intraday record, while South Korea’s Kospi jumped 2.1%.Taiwan’s Taiex also rallied 2.6%, supported by renewed buying in technology…
“Indian equity markets are expected to open on a positive note, tracking firm cues from GIFT Nifty, which is currently trading around 24,140, up by nearly 185 points, indicating a gap-up start for domestic benchmark indices. Notably, GIFT Nifty is trading with gains despite escalating global tensions and stalled US–Iran negotiations, which continue to weigh…
Gold and silver began the week on a weaker note on the Multi Commodity Exchange of India on Monday. The decline came as rising crude oil prices intensified inflation concerns and strengthened expectations that interest rates could remain elevated for an extended period, particularly with US-Iran negotiations still at an impasse. Hopes of renewed diplomatic…
Sun Pharmaceutical Industries on Monday announced it will acquire US-based Organon & Co. in an all-cash deal valued at $11.75 billion, marking one of the largest overseas acquisitions by an Indian company.Under the definitive agreement, Sun Pharma will buy all outstanding shares of Organon at $14 per share.The deal, approved by the boards of both…
