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Indian Stock Markets Open Higher as IT Stocks Lead Broad-Based Rally Amid Positive Global Cues
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Indian Stock Markets Open Higher as IT Stocks Lead Broad-Based Rally Amid Positive Global Cues

Indian benchmark equity indices opened on a strong note in early trading on Friday, supported by sustained buying in information technology (IT) stocks and encouraging trends across global financial markets. The positive momentum helped the domestic market recover from recent volatility, with investors showing renewed confidence amid favorable international cues and selective sectoral buying. The...

Vedanta Shares Surge After Demerger Momentum: Is the Rally Sustainable for Investors?
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Vedanta Shares Surge After Demerger Momentum: Is the Rally Sustainable for Investors?

Shares of Vedanta Ltd have witnessed a notable upward trajectory, climbing approximately 9% over a span of four trading sessions, fueled by growing investor optimism surrounding the company’s ongoing demerger strategy. The rally reflects renewed market confidence as the restructuring plan is increasingly viewed as a potential value-unlocking exercise for shareholders. The proposed demerger, which...