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Markets end winning streak; defense stocks rise
short by / on Friday, 9 May, 2025
Markets snapped a three week winning streak to end lower on Friday on concerns of a military escalation. Defense and shipbuilding stocks gained, along with Titan, L&T and Tata Motors. Analyst says that Nifty holding above its 20 day EMA signals potential early-week upside, but a break below Friday's low could trigger fresh selling, so traders should watch this level closely.
read more at Stockwits