Saturday, 2 April 2016

Stock Market News By MarketMagnify: Undercurrent strong, but market is losing momentum; buy on dips

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The stock market opened the week in a sombre mood after an extended holiday but recovered midway through the week on hopes of a rate cut by the Reserve Bank of India (RBI). In the meantime, media headlines have raced towards optimism quoting "Sensex may touch 30,000...", "Stocks likely to sprint.."

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