Market Watch: Nifty support at 21,680, sideways momentum to continue
21900 would be acting as the intermediate resistance for day traders. On the lower end, 21680-21650 is expected to act as an intermediate support zone, say analysts.
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21900 would be acting as the intermediate resistance for day traders. On the lower end, 21680-21650 is expected to act as an intermediate support zone, say analysts.
Brokerages like Morgan Stanley and Jefferies, who have an Overweight and Buy call on the stock, and have increased their target price to Rs 1,013 and Rs 1,100 per share after the Q3 numbers.
Shares of Paytm crashed 20% on both Thursday and Friday after the Reserve Bank of India imposed ‘severe’ restrictions on the company’s banking unit.
The BSE Sensex on Thursday fell by 5.43 points to settle at 66,017.81.
Shares fall over 8%
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