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Over the five trading sessions ending February 20, the benchmark index Sensex inched up 0.23% (188 points) to settle at 82,814. The index advanced in four out of the five sessions, but witnessed a sharp decline of about 1,236 points on Thursday. During the same period, 63 stocks in the BSE Smallcap Index registered losses in all five sessions. Among them, 12 small-cap stocks recorded cumulative declines of more than 15% over the five-day span. (Data source: ACE Equity)
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Despite a marginal gain in the Sensex over five sessions ending February 20, weakness persisted in the broader market. As many as 63 BSE Smallcap stocks declined throughout the period, with 12 registering losses exceeding 15%, highlighting sustained pressure and selective selloff in the small-cap segment despite benchmark resilience.
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Indian markets saw a positive close on Friday. Major Wall Street companies like Alphabet and Amazon surged after the Supreme Court ruled against President Trump's global tariffs. Investors welcomed the removal of uncertainty. The S&P 500, Nasdaq, and Dow Jones Industrial Average all ended higher. This development provided a boost to the stock market.
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State Bank of India is exploring partnerships with Japanese banks for merger and acquisition financing. New regulations permit Indian banks to fund up to 75% of domestic M&A deals. SBI chairman CS Setty indicated ongoing discussions with lenders active in this sector. The bank expects board approval soon for its M&A financing policy.
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On Friday, Indian stock markets experienced a notable bounce back, partially reversing previous losses. Nevertheless, escalating global tensions, especially those involving the US and Iran, led to a more cautious approach among investors. By the end of the week, both the Nifty and Sensex showed positive gains. Crude oil prices saw an uptick amidst concerns of potential military conflict.
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