Business: Markets crosses psychological threshold on cues from FIIs - Morning outlook for 22 Sep by Mansukh

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posted by jeanie4you 610 days ago
At last, more than two years of pathetic waiting, domestic indices recouped its psychological level 6000 and 20000 in the last session tracking cues from US markets and inflows from FIIs. Though, volumes were a little bit on lower side, technical indicators also suggest some over bought conditions in near term. Still, such consistent buying from global giants gives us a strong belief to rely on this rally. Hence any correction in near term should be used as a decent opportunity to go long.
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