1639: Stock picks of the day: Immediate support for Nifty placed at 10,700
Despite recording a positive close last week, Indian markets opened a tad lower on Tuesday’s and witnessed selling pressure throughout the day to end the session with sharp cuts on the back of heavy selloff seen in the PSU Banks.
The Nifty50 failed to hold on to 11,000 levels on a closing basis as fresh short positions created in 10,900 as well as 11,000 call strikes.
From the technical front, ...
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Sep 04, 2019