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Post Market Report:
- Markets closed lower than expected.
- Ukraine problem and report of bad monsoon affected the sentiment.
- ICICI Bank results were not up to the expectation.
- So Bank Nifty fell.
- Then Axis Bank results came above expectation.
- Bank Nifty then recovered.
- Maruti results are also below the estimates.
- Oil and Gas, FMCG stocks fell.
- Rupee is also lower.
- Any fall will be a buying opportunity.
- There will be no meaningful correction until May 16.
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