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Nifty View:
The markets opened on Monday on a flat note with Nifty 50 index making its first attempt to cross the 11,600-mark sustainably for the week. However, it closed below 11,600 for the day. For the next two days, it seemed the bulls had taken charge as the Nifty attempted to cross this mark sustainably but seemed to be facing resistance at the 11,700 level.
The markets opened on Monday on a flat note with Nifty 50 index making its first attempt to cross the 11,600-mark sustainably for the week. However, it closed below 11,600 for the day. For the next two days, it seemed the bulls had taken charge as the Nifty attempted to cross this mark sustainably but seemed to be facing resistance at the 11,700 level.
On Thursday, the day of weekly option contract expiry, we saw indecisiveness in the markets and the bears appeared strong towards the end of the week. Investors showed disappointment at Finance Minister Nirmala
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