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Metal stocks shine, index up from 61.8 per cent retracement support

Bhagyashree Vivarekar 0 1056 Article rating: 5.0

Metal index, which forms 4 per cent of the Nifty 50 index, surged as much as 1.6 per cent and pulled Nifty to trade in green with marginal gains. We hold 3,740 followed by 3,820 as the immediate resistances while 3,670 followed by 3,570 is expected to act as the supports if index retreats.

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