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Hundreds of BSE stocks fall sharply even as benchmark indices rise

Over 576 BSE stocks are down more than 30% despite benchmark gains, signalling weak market breadth and valuation stress.
Despite headline indices posting healthy gains, market breadth weakened sharply with 576 BSE-listed companies trading more than 30 percent below their 52-week highs. Nearly 100 stocks have dropped over 50 percent from earlier peaks.