“There is no sign of any tiredness in the market at the highs. The near-term upside target to be watched is 17,800 and immediate support is placed at 17,150,” said Nagaraj Shetti, technical research analyst at HDFC Securities.
The stock continued to remain the most valued listed company in the country despite the decline.
Domestic equities ended flat on Friday as MPC matched market expectations, while supportive measures announced by the RBI Governor helped strengthen the rupee.
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