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In fact, some of them have even more than that. So, which means that now the recovery will happen. So, if we analyse what had happened in last two months, market has been very brutal, wherever there was no growth or the valuation was very high and if the combination was there, no growth and high valuation, then the stocks just went for a toss.
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Sensex closed marginally down in a volatile session as IndusInd Bank fell 27% due to selling pressure, while PC Jewellers rose 0.8% and Mold-Tek increased by 0.2%. Experts recommend avoiding IndusInd Bank and suggest potential buys in PC Jewellers and Mold-Tek on dips.
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Australian shares fell, with the benchmark S&P/ASX 200 index hovering near a correction, after Trump ruled out an exemption from steel and aluminum tariffs despite a lobbying campaign by Prime Minister Anthony Albaneses government. Stocks rose in Japan and South Korea.
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