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In the past week, the market experienced some turbulence, particularly on Wednesday when a significant dip was observed, impacting small- and mid-cap stocks. Approximately 668 stocks suffered a decline of more than 4.5%.
On Thursday, 2669 stocks advanced, 1106 declined and 121 remained unchanged, with an advance decline ratio of 2.41 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.
Positive setup was seen in stocks like IRCTC, Siemens, Zydus Life, Hind Copper, NALCO, Indiabulls Housing Finance, SAIL, Exide Industries, Granules India, BHEL, Bajaj Auto, CUB, IGL, etc. among others.
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On Tuesday, 1896 stocks advanced, 1865 declined and 143 remained unchanged, with an advance decline ratio of 1.01 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.