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Mkt may remain volatile on Budget day; brokerage warns of 10% correction
The New Indian Express
|July 23, 2024
DOMESTIC equity market is expected to witness increased volatility on the Budget Day (July 23) even as the central government is likely to keep its focus on fiscal prudence and capital expenditure-led growth.
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Equity market benchmarks on Monday closed in red for two straight sessions. The Nifty50 plunged sharply in the morning and closed the day 22 points lower at 24,509.25. The BSE Sensex also gyrated in the wide range and closed the day 103 points lower at 80,502.08.
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