The index breached the crucial support of 40,000 and closed below it, confirming the breakdown and activating the sell-on-rise mode. The index remains in a sell-on-rise mode with hurdles at 40,500 and the next support is visible at 39,000.
Why Zomato Share is Falling Today: Zomato share price dropped by 11.43% after reporting a 57% decline in Q3 net profit to Rs 59 crore.
Andhra Pradesh-based stocks like Heritage Foods and Amara Raja Energy, which gained investor interest post-Budget, are now underperforming. Despite initial market excitement and promises from
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