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1st October 2014
NIFTY (7965) CNX Nifty opened on a negative remark but registered a smart recovery towards 8031 levels. The index swung alternately between positive and negative terrain soon after the RBI's policy announcement and finally ended on positive note with the marginal gain of 6 points. Now for the day it has to again hold above 8000 territory to see the follow up buying action in the market towards 8050-8080 levels. On downside major support exist at 7920 - 7900 zones and then profit bookin... 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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