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Stock Radar: Abbott India records fresh high in August but pares gains; should you buy the dip?
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economictimes.indiatimes.comPharma major Abbott India surpassed October 2021 high to create a fresh record last week, and the chart structure suggests that bulls are here to stay.The pharma stock with a market capitalization of over Rs 50,000 crore on the BSE hit a record high of Rs 24,682 on 4 August 2023, after it surpassed an earlier swing high of Rs 23,902 on 5 October 2021.The stock hit a record high last week, but failed to hold on to the momentum, which was largely
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