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Indian stock market slipped as Reliance Industries, HDFC Bank, and Infosys dragged indices lower, with Nifty falling below the 100 EMA, signaling weakness. Analysts see support at 24,15024,400 and resistance near 24,650. Stock picks include Lumax Industries and Authum Investment with bullish setups.
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Pranab Uniyal of HDFC Tru expects the Indian stock market to regain momentum with Nifty hitting a record high by FY26. Largecap stocks, infrastructure, real estate, and domestic economy sectors are seen as key drivers, supported by earnings growth forecasts and strong mutual fund investor participation.
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Nine penny stocks in India plunged up to 25% in just four trading sessions. These falling penny stocks, identified through market screening, include NSE BSE penny stocks under 20. Check the stock market losers list and laggards from cheap shares to multibagger penny stocks news.
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