Stocks Mixed as Oil Jumps on Middle East Violence; Indian Markets Gain Despite Foreign Selling
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Oil prices jumped over 4% due to weekend attacks by Hamas within Israel that killed hundreds. Stocks in Asia were mixed.
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Benchmark Indian indices ended higher on Friday, led by realty and pharma stocks. Foreign investors remained net sellers.
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TCS announced plans for a potential share buyback. Titan's Q2 revenue rose 20% year-over-year.
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Adani Energy acquired 100% stake in Sangod Transmission. Tata Steel's crude steel output in India rose 4% year-over-year.
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Reliance Retail sold an additional 0.59% stake to ADIA for Rs 4,966 crore. Kaynes Tech to set up Rs 2,800 crore semiconductor plant in Telangana.
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