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61 stocks rally over 100% in 2017

The calendar year 2017 (CY17) began with a strong note for the equity markets with the Sensex and Nifty 50 index gaining 12% each. The BSE Midcap and Smallcap indices performed better, have rallied 20% and 24% respectively, so far in CY17,  hitting new highs on Tuesday.

About 61 stocks mainly Non-A group stocks from the BSE became multibagger in less than three-and-half months.

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Nifty50 index has instant toughen positioned around the degree of 9,680 and the subsequent major make stronger is prone to are available around the stage of 9,630. On the best way up, 9,780 is a key resistance house, and if Nifty holds above this stage, it's going to extend its rally as much as the extent of 9,830.

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Again dwelling, Indian markets extended their shedding streak for a fifth straight session on Friday. The Nifty index plummeted 109 factors to settle at 9,711 at its five-week low and the Sensex settled at 31,214 with a loss of 318 points.

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