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Weekly Market View – 25th April 2020

Indian Market Outlook: The Key benchmark indices remains consolidated over this week due to rising cases of coronavirus cases along with the hope of second stimulus package. Also Global tech giant Facebook signed a binding agreement to purchase 9.99 per cent equity stake in Jio Platform, boost the market sentiment. In the week ended, the…

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Daily Market Outlook – 23rd April 2020

NIFTY: RELIANCE leads trust in the India story, FACEBOOK invests Rs. 45,000 crores in RELIANCE JIO Today morning started with the news that FACEBOOK is investing Rs. 45,000 crores in RELIANCE JIO. This is of course a resounding trust in RELIANCE JIO. But, it is also a vote of confidence in the India story. Markets…

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Weekly Market View – 18th April 2020

Indian Market Outlook: The Key benchmark indices climbed this week on the hope of second stimulus package and RBI announced liquidity measures to support the economy and coronavirus pandemic. The rally in BSE Sensex and Nifty 50 was supported by the gains in banking and financial stocks. In the week ended, the S&P BSE Sensex…

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Daily Market Outlook – 15th April 2020

NIFTY: The NIFTY had a choppy day on Monday, when the index finally closed with minor losses, giving up 118 points, about 1.3% down. In the process, the NIFTY closed just below 9000, at 8993. Among sectoral indices, NIFTY PHARMA was up 2.8% and NIFTY METAL was up 2%. NIFTY REALITY remained the top sectoral…