Stocks Rebound as Fed Signals Flexibility; Indian Market Hits Record High
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U.S. stocks rebounded on Friday after Fed Chair Jerome Powell said policy rate is "well into restrictive territory" while retaining option for more hikes.
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India's Nifty 50 index closed at record high of 20,267.90 points on Friday, rising for 5th week in a row. Foreign investors stayed net buyers.
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Adani Group to invest Rs 7 lakh crore over next 10 years across 6 infra businesses, to tap bond markets for funds.
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HUL decided to split beauty and personal care business into 2 divisions to increase focus amid rising competition.
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Hero MotoCorp November sales rose 25.6% year-on-year to 4.91 lakh units. Domestic sales grew 25.4% to 4.76 lakh units.