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F&O Talk| Nifty on 3-week losing streak, bearish momentum intensifies ahead of Budget: Sudeep Shah of SBI Securities
The market experienced a downturn driven by a sell-on-rally trend, with realty stocks significantly impacted. Analyst Sudeep Shah from SBI Securities shared insights, highlighting concerns due to sustained bearish pressure on the Nifty index and significant FII selling. Despite this, the IT sector shows promise, and large-caps offer some stability amidst market volatility.
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