As it will be the last trading week before the key event, which coincides with the F&O expiry, heightened volatility is expected, says Rajesh Bhosale, Technical Analyst, Angel One.
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The start of the week witnessed a market-wide decline, particularly hitting small caps hard. On Monday, 2986 stocks saw a decline on the BSE (Bombay Stock Exchange). However, there was some stabilization observed as 1935 stocks traded flat on Wednesday