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The Baseline
04 Feb 2018
Markets fell post-Budget, but some stocks saw a Golden Cross

The markets have shown their disappointment with Jaitley's final Budget. Some stocks however, showed some resilience despite day drops in share price, and a couple even delivered golden crosses (where the 50 day average price crosses above the 200 day average price). These included Reliance Communications, whose Q3 results showed the company sharply narrowing its losses, as well as Alembic Pharma. For the full Golden Cross screener click here

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