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The Relative Strength Index of the stock stood at 53.17 on Thursday.

The regulatory environment for the past four years has not been incredibly favourable for mergers and acquisitions, it has not been favourable for consolidation of certain industries and so I think that is a big part of what was playing out today.

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Promoters held 23.74 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 57.29 per cent and 11.56 per cent, respectively.

A short buildup takes place in the Futures and Options market when open interest and trading volumes increase, accompanied by a drop in the underlying stock price.

Bank of Baroda shares 0.38% as Nifty falls

Updated at : 2024-11-07 11:30:01

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The stock quoted a 52-week high price of Rs 298.45 and low of Rs 190.60.

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