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Daily Market Outlook –31 January 2020

NIFTY: Today was F&O expiry, with the NIFTY showing a straight line decline from the very morning open. World markets were shaken when the NIFTY opened up, the NIFTY following most other markets in falling throughout the day. The Indian markets would normally have been part of the world environment which is volatile and slowly…

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Daily Market Outlook –28 January 2020

NIFTY: Since the last week of October 2019, the NIFTY has been moving with strong support in the 11900 area which it repeatedly tests. We have a pattern of a flat support level at 11900 and higher highs. The pattern can be considered to be a rising, inverted triangle, or, simply an inverted ascending triangle…

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ITI Limited FPO details – Date, Price, Size, Allotment Status, Subscription & Reviews

Incorporated on January 25, 1950, ITI Limited (ITI) is a public sector company under the Department of Telecommunications (DoT) with 7 decades of experience in telecommunications technology. ITI caters to a wide customer base across various industry segments like Telecommunications, Defence, Information Technology, Banks, Financial Institutions and Solar Energy.The ITI FPO is scheduled for Jan…

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Daily Market Outlook –24 January 2020

NIFTY: We are aware that the economy  is going through a difficult phase. We can be sure that the government is also aware of this. The Union budget, which is a statement of the government purpose , is probably the best location to give direction to the economy. Whatever the budget says, we are confident…

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Daily Market Outlook –23 January 2020

NIFTY: The NIFTY opened with an upward gap of 49 points. Prices have quickly moved  down filled the gap and then continued its weak momentum for the whole day. Final closing was at 12106.90 down by 62.95 points. The NIFTY also broke down from a  support zone identified earlier around 12120-12150 zone. We have discussed…