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DMS-1168 Stock Market News | #dailymoneyshow
Original: DMS -1168 Stock Market News | #dailymoneyshow
Takeaway
Trump's softening stance on India plus continued trade-deal talks lifted markets; silver ETF correction is normal pullback after premium-valuation rally.
Summary
- Sensex closed at 83,467 (+862); Nifty at 25,585 (+261); Bank Nifty +1.1% on Trump's positive India statements
- Trump claims Modi assured him India will gradually reduce Russian oil purchases - could help end Russia-Ukraine war if China follows
- India's External Affairs Ministry says energy security is top priority; US-India energy partnership expanded over last decade
- Silver ETFs trading at heavy premiums saw 2-day correction as profit booking kicked in - normal pullback after euphoria
- LG Electronics CEO (post-IPO) plans to use Indian software expertise for semiconductors, robotics, and AI in products
- India-US trade deal first range possibly by November as negotiations continue positively
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Original description
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