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Markets
Mkts tank over 1.2% on muted global cues
Market largely positive
Wait for intraday pullback rally
MACD signals increased bearish momentum
Volatility may continue
Traders waiting for either side breakout
Money
Re falls 11ps to an all-time low of 83.62/$
Profit booking may continue ahead of Budget
Further uptrend likely
Rupee falls 17ps to at 83.60/$
RIL’s mcap shoots over Rs 20 lakh cr
Market texture still non-directional