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Tesla shares are down 1.8% in the two days since Musk proposed proceeding with the deal, lagging the S&P 500 Index’s 1.8% advance over that time. The stock has lost 34% since Musk first disclosed a stake in the social-media giant on April 4.

A close below Rs 1,100 could take the stock towards Rs 1,050-1,035. On the flip side, as long as it is trading above Rs 1,100, the uptrend texture is intact. Above the same, it could move up to Rs 1,200-1,225 levels.

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Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 262900.28 Crore) operating in Auto sector.

IT major HCL Technologies has expanded strategic partnership with Google Cloud to accelerate digital services for enterprises. HCL Tech will train up to 18,000 technology and consulting professionals on Google Cloud.

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Jindal Steel & Power Ltd. key Products/Revenue Segments include Iron & Steel Items, Power, Other Sales, Other Operating Revenue, Export Incentives, Scrap for the year ending 31-Mar-2021.

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The details omitted include the name, the location and duration of the company’s CSR project, the amount allocated for the project, the amount spent in the current financial year on the project, mode of implementation, the name of the implementing agency along with their CSR registration number and amount transferred to the unspent CSR account.

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However, profit booking in select banking and teck stocks in the closing session trimmed the gains. The broader NSE Nifty advanced 57.50 points or 0.33% to end at 17,331.80 as 27 of its shares ended in the green. Among Sensex shares, Tata Steel, Larsen & Toubro, ICICI Bank, HCL Technologies, Infosys and Axis Bank were among the winners.

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The labor market remains tight even as demand begins to cool amid higher rates. On Friday the nonfarm payrolls report on employment in September will help investors gauge whether the Fed alters its aggressive rate-hiking plans.

Dollar ascendant as focus turns to jobs data

Updated at : 2022-10-07 07:20:01

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That certainly reasserted the argument that not only does the Fed remain very much committed to keeping its foot on the tightening pedal, whilst at the same time, you look at economic data, and still the U.S. looks in a much stronger place than others.

"The supply cut decision appears more like a signal by the OPEC+ that they are in control, or they want to stay in control of the market," said MK Surana, CEO of Ratnagiri Refinery & Petrochemicals and former chairman of HPCL

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