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Nifty remains bearish, trading below key moving averages, with support at 22,000 and resistance at 22,800. Bank Nifty shows relative strength. ICICI Bank is resilient, while IndusInd Bank faces downside risks. MTNL surged on asset monetization news. Metals remain mixed, oil & gas under pressure. IT and consumer durables show long-term potential, with select mid-cap stocks attractive.
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News and Media
Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions.
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News and Media
In the week ending March 13, the benchmark Sensex index fell by approximately 0.7%. During this decline, 7 penny stocks experienced drops ranging from 15% to 20%. Our selection criteria targeted stocks with a market capitalization of under Rs 1000 crore, a share price below Rs 20, and a minimum trading volume of 5 lakh shares. (Data Source: ACE Equity)
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News and Media
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