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Benchmark indices ended lower for the second consecutive session on August 22 amid selling across the sectors.
At Close, the Sensex was down 872.28 points or 1.46% at 58773.87, and the Nifty was down 267.80 points or 1.51% at 17490.70. About 1228 shares have advanced, 2214 shares declined, and 163 shares are unchanged.
Tata Steel, Asian Paints, Adani Ports, Tata Motors and JSW Steel were among the major Nifty lowers.
The gainers were ITC, Coal India, Tata Consumer Products, Nestle India and Britannia Industries.
All the sectoral indices ended in the red. BSE midcap and smallcap indices shed over 1 percent each.
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Topic :- Time:3.00 PM
Nifty spot close above 17520 level will result in some upmove in coming session and close below above mentioned level will result in some sluggish movement. Avoid open positions for tomorrow.
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Topic :- Time:3.00 PM
Nifty spot close above 17520 level will result in some upmove in coming session and close below above mentioned level will result in some sluggish movement. Avoid open positions for tomorrow.
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Topic :- Time:2.30 PM
GOLD Trading View:
GOLD is trading at 51094.If it manages to trade and sustain above 51120 level then expect some pull back in it and if it breaks and trade below 51040 level then some further decline is possible in it.
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Topic :- Time:2.10 PM
Just In:
Lock-in for CarTrade Tech shares end today.
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Topic :- Time:2.00 PM
Nifty spot is trading at 17536.If it breaks and trade below 17520 level then expect some further downfall in the market and if it manages to trade and sustain above 17560 level then some upmove can follow in it.
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Topic :- Time:1.10 PM
Just In:
Russian banks in talks with Indian lenders to conduct bilateral trade in local currencies.
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Topic :- Time:1.00 PM
Nifty spot is trading at 17552.If it breaks and trade below 17540 level then expect some decline in it and if it manages to trade and sustain above 17570 level then some upmove can follow in it.
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Topic :- Time:12.30 PM
COPPER Trading View:
COPPER is trading at 670.If it breaks and trade below 668.50 level then expect some decline in it and if it manages to trade and sustain above 672.20 level then some upmove can follow in it. Copper strong support is 660 level. If it holds it expect good rise in it and once it breaks and trade below 660 level then positional sell can be taken in it.
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Topic :- Time:12.20 PM
Just In:
Adani likely to launch nearly ₹31,000 cr open offer for ACC, Ambuja next week
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Topic :- Time:12.00 PM
Just In:
Kwality Credit Standalone June 2022 Net Sales at Rs 0.12 crore, up 0.78% Y-o-Y.
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Topic :- Time:11.45 AM
Just In:
BJP invited me to join party and will close all CBI, ED cases, alleges Manish Sisodia.
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Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex sheds 650pts, Nifty below 17550 in broad-based sell off
2. L&T commissions green hydrogen plant for captive consumption
3. Before death, Jhunjhunwala family became Akasas biggest shareholders
4. Investors could continue to allocate to equity funds, says UTI AMC CIO
5. Demand for rental residential houses rose by 10-20% in 2022: Report
6. Paddy sowing continues to lag, acreage down by 8.25%, shows govt data
7. West Coast Paper hits new high on healthy outlook; stock up 50% in a month
8. ITC hits 47-month high in a weak market on heavy volumes; up 5% in 1 month
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Topic :- Time:11.00 AM
After negative opening nifty is still trading in red zone. Nifty spot if breaks and trade below 17540 level then expect some decline in the market and if it manages to trade and sustain above 17580 level then some upmove can follow in the Nifty.
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Topic :- Nifty Opening Note
Indian Stock Market Trading View For 22 August,2022:
Nifty to remain volatile and is likely to follow global cues.
Nifty spot if manages to trade and sustain above 17800 level then expect some upmove and if it breaks and trade below 17700 level then some decline can be seen. Avoid big trades and trade as per market direction.
Please note this is just opening view and should not be considered as the view for the whole day.
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