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Groww Share Price: Groww’s share price extended its decline for the second straight session on Thursday, slipping as much as 9 percent amid sustained profit booking.

The stock fell to an intraday low of Rs 154.10 on the NSE, down 9.29 percent from its previous close.

Around 10 am, the market capitalisation of Billionbrains Garage Ventures, the parent company of online brokerage platform Groww, stood at Rs 97,431.70 crore, dropping below the ₹1 lakh crore mark.

On Wednesday, the stock had slumped 10 percent, hitting the lower circuit and ending a five-day winning streak. It closed at Rs 169.94 on the BSE and Rs 169.89 on the NSE, both at their respective lower circuit limits.

Should you buy or sell?

According to Nitin Jain, Senior Research Analyst at Bonanza,

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