Budget 2021, RBI policy among key factors that may move market this week

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Budget 2021, RBI policy among key factors that may move market this week
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Synopsis

The Union Budget and its announcement will remain the biggest focus point for the market as investors hope that the government will deliver a pro-cyclical stimulus to further strengthen the ongoing economic recovery.

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Nifty decidedly broke below its 50-day simple moving average on Friday for the first time since September, reflecting the extent of weakness in the market.

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