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24 Jul 2023

Strong earnings from banks would stem near term selling pressure in Sensex & Nifty

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Weak earnings from Infosys, Wipro and HCL tech resulted in market fall on Friday. Reliance industries too witnessed selling pressure ahead of earnings release. Robust earnings from ICICI Bank and Kotak Mahindra Bank would keep indices afloat despite of any selling pressure due to negative global cues.

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C S S Nikhil Bhargav
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