With the Nifty on Tuesday managing to close above 17,000 for the second day after declining below it earlier in the session, market participants are betting that the market may not fall further in the near term unless the index closes below this level.
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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