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STOCK MARKET SHOWS RESILIENCE DESPITE EARLY VOLATILITY
The Business Guardian
|November 10, 2023
The stock market showed endurance as Nifty recovered following an early setback at the beginning of Thursday's trading session, even though it started the day flat
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The stock market showed endurance as Nifty recovered following an early setback at the beginning of Thursday’s trading session, even though it started the day flat.
The Nifty saw a slight loss of 30.40 points, beginning at 19,413.10, while the Sensex opened 76.68 points lower at 64,898.93. BPCL, M&M, Adani Ports, Dr. Reddy, and Hero Motocorp were among the top gainers among Nifty companies, which added to the positive trend in the market.
But the biggest losers in the early trading hours were Bharti Airtel, Tech Mahindra, Sun Pharma, HDFC Bank, and Tata Consumer Services.
Varun Aggarwal, founder and managing director, Profit Idea, said, “Rupee remains in a range against US dollar. Precious metals corrected after recent rally due to Israel War concerns. Nifty opened flat and likely to face resistances at 19463-19767 levels”.
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