Raymond Lifestyle shares fell 4.2% to Rs 1,200.55 after the Income Tax Department conducted surveys at its offices and plants, triggering investor caution despite recent short-term gains.
Over the past three months, the Nifty 50 has declined nearly 4%, while the Nifty Smallcap 350 index has shed around 2.5%, reflecting weakness across
Following an eight-week losing streak in the Nifty, its first such run since 2001, domestic brokerage PL Capital remains cautious on the near-term market outlook.
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