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26th November 2014
CNX Nifty made a new life time high of 8535.35 levels but failed to hold the gain and witnessed sustained profit booking towards 8430 levels. During the session, it fell down by more than 100 points from the previous day's closing levels but at the end it closed with the loss of 67 points. The profit booking was seen in most of the stocks but the major cut was supported by the ITC and other Banking counters. During the day, index has taken support near to 8429 levels which is 61.8% ret... more
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Reco. Pr.: 36; TGT : 60; Hold Period 2-3 mths-
Company is a leading Ductile Iron pipes and cast iron pipe manufacturing company. It also offers turnkey solutions in water transport and sewage management.
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