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We will continue to see small and midcap outperforming heavyweights; and IT and pharma sectors are looking attractive for a rebound. The overheated banking index can see profit booking after the MSCI rebalance
Stocks in the news: Coal India, IIFL Finance, Indiabulls Housing, Biocon, JK Tyre and Aavas FinanciersIrcon International said it has received a Rs 723 crore work order from the National Capital Region Transport Corporation (NCRTC).
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… Read MoreStocks rise as Biden transition, vaccine progress lift confidenceThe upbeat backdrop helped MSCI's broadest index of Asia-Pacific shares outside Japan advance 0.15%. Australia's S&P/ASX 200 was 1.1% stronger, touching its highest level in almost nine months, with energy stocks leading … Read MoreSGX Nifty down 10 points; here's what changed for market while you were sleepingNifty50 on Monday formed a ‘Hanging Man’ candle on the daily chart. In the last nine sessions, the index appears to be struggling at the upper boundary of the 45-day-old ascending channel, which coincides with the psychologic… Read MoreGlobal dividends forecast to inch back from coronavirus cliff edgeDividends are a major source of income for both public and private pension funds, but companies trying to cope with the coronavirus cut them by $55 billion, or 11.4%, in the third quarter after a $108 billion 22% plunge betwe… Read MoreBuy or Sell: Stock ideas by experts for November 23, 2020
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