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Daily Market Outlook – 3rd August 2020

NIFTY: The Nifty opened almost unchanged, then moved inside a narrow trading range throughout the day. There were repeated moves towards 11150 on the upside and repeated moves towards 11030 on the downside. Finally, the Nifty closed at 11073.45 down by 28 points. Friday’s intraday action was almost like a nothing day, and the markets…