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Last week the NIFTY closed at 9160 registering a gain of 2.5% over previous week. A move which has bought cheers after a very long time. As mentioned in the last market view as well, these are definitely good times to be in the stock markets. This week we expect a little consolidation and weakness since the markets have already seen a sharp rise in the last couple of weeks. So it is natural that the NIFTY would breathe and consolidate a bit here. Nothing really to worry. We would see good stock specific movement this week as well. Stay invested! All the best! |
