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Nifty outlook & stock calls by Angel Broking: Buy Canara Bank, Info Edge

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Sameet Chavan Mumbai

5 min read Last Updated : Aug 31 2020 | 8:30 AM IST

Nifty Outlook

Banking single handedly drives Nifty towards 11,700

We started off the proceedings for the last week on a positive note, owing to favourable global cues. During the remaining part of the week, we witnessed a steady move in benchmark owing to a lot of sectoral churn. In the process, Nifty gradually marched towards the 11,700-mark, marking its highest close after February 26, 2020.

The ongoing rally across the globe is just extraordinary and we are not at all falling behind. Although, we are not actively participating in index-specific trades since last week (after 11,350-11,400) or so, the focus remained on individual

Topics : Markets Market technicals stock market trading Canara Bank Info Edge (India) JSW steel Nifty Outlook

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