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Indian stock markets experienced a sharp decline on Friday, with the Sensex and Nifty falling significantly, marking their biggest weekly drop in over a year. The ongoing Iran-Israel conflict and surging crude oil prices above $100 per barrel are major contributing factors. Global markets also mirrored this downturn, trading broadly in the red.
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As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.
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Srinibas Pradhan Constructions is set to list on the NSE SME platform on March 13 with muted grey market signals, indicating a potential debut near its issue price of Rs 98. The Rs 20 crore IPO saw moderate subscription, with NIIs and QIBs showing interest, while retail participation was subdued.
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We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
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