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Stock Market Live Updates: Sensex surges past 70,000, Nifty inches up

Stock Market Live Updates: Sensex surges past 70,000, Nifty inches up
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Stock Market Live Updates: Asian stocks slide amid rate hike concerns

Stock Market Live Updates: Asian stocks slide amid rate hike concerns
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Stock Market Updates: Sensex, Nifty settle 1% lower as IT stocks drag; Infosys tanks 8%

Stock Market Updates: Sensex, Nifty settle 1% lower as IT stocks drag; Infosys tanks 8%
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Cyient, Raymond and 6 other Nifty small cap stocks soared over 100% from their 52-week low

Several stocks in the Nifty Smallcap 100 index have shown an impressive recovery from their 52-week lows, with standout performers including Mazagon Dock Shipbuilders and Jindal Stainless. Mazagon Dock Shipbuilders witnessed a remarkable increase of 429.49%, while Jindal Stainless marked an increase of 233.11%. Other notable recoveries include KEI Industries, Raymond, Cyient, Tanla Platforms, KPIT Technologies, and RBL Bank, demonstrating effective management strategies, resilience, and capacity to navigate market challenges and capitalize on growth opportunities. These recoveries highlight the potential for growth and market resilience within the Nifty Smallcap 100 index.

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Multibagger shipbuilding stock strongly overbought on charts; can it rally further?

Mazagon Dock shares were trading 0.83% higher at Rs 1042.55 against the close of Rs 1033.90 in the previous session. Mazagon Dock stock opened higher at Rs 1042 and is trading 3.27% away from the 52 week high of Rs 1080 hit on June 8.

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