The index closed lower in six out of the last seven trading sessions. The selling pressure pushed the index below the 50-DMA mark which was placed around 47,600 levels.
Axis Bank chief economist Neelkanth Mishra projects India’s real GDP to grow 7.5% in the next fiscal, driven by reforms and supportive policies. Headline inflation
Ace investor Vijay Kedia acquired a significant stake in Mahamaya Lifesciences through a block deal. He purchased nearly 9 lakh shares at Rs 140 each.
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