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Daily Market Outlook – 16th July 2020

NIFTY: After daybefore’s sharp decline, cheerful American markets suggested that the Nifty may open higher. The Nifty opened almost with a 100 point gap up at 10700, and then quickly rushed to 10800. This is the point at which significant resistance has come in multiple times earlier. The same happened this time also. The Nifty…

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Daily Market Outlook – 15th July 2020

NIFTY: The US markets which were trading at new highs daybefore suddenly turned weak and closed with a loss of almost 1%. This decline affected all Asian markets that opened yesterday. The Nifty also opened lower and from the morning itself began a slide that took down all the way to 10600. The index closed…

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Daily Market Outlook – 14th July 2020

NIFTY: The Nifty opened with a large upwards gap, but did not sustain the higher levels, and began falling almost immediately after the first 30 minutes. The Nifty fell to make a low of 10756 and then began an intraday rally which saw it cross 10800 again. The trend was mainly down throughout the day.…

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Daily Market Outlook – 13th July 2020

NIFTY: The Nifty opened about one third of a percent lower than Thursday, probably pressurized by weak US markets and down Asian Markets in the morning. The lower open continued to put pressure on the Nifty and the index fell to make a low of 10713 somewhere around midday. From the lows the market began…

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Techno-Funda Research Report | Recommended Stock of the Week (11th July 2020)

Nelco Limited (Nelco) is a very small aperture terminal (VSAT) provider and offers network communications solutions. The Company operates through two segments: Network Systems consisting of VSAT services (including SATCOM) and Managed Services, and Automation & Control consisting of Integrated Security and Surveillance Solutions (ISSS) and Unattended Ground Sensor (UGS) business. Its solutions include Tatanet…

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Weekly Market View – 11th July 2020

Indian Market Outlook: The Key benchmark indices rose over 1% over the week. The markets continued their range-bound movements as the increasing COVID cases worldwide kept markets on edge. Surging to a new 52-week high Reliance Industries Ltd shares helped the index recoup some losses. The Nifty ended the week 1.51 percent higher at 10768…