MARICO-EQ

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As observed in the opening, the market sentiment is stable to positive with selective buying seen in FMCG stocks. Marico Ltd is supported by steady earnings visibility and a resilient demand outlook in the consumer segment. Technically, the stock is showing signs of strength with a gradual uptrend and accumulation near support levels. Considering the supportive fundamentals and improving technical structure, an upside move is likely to continue in today’s session.Warning-

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