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About this document

ICICI Securities August 2016 Market Outlook by umagan is a document available to read on EtoBox.

The document provides an analysis of domestic Indian equity market indices in August 2016. It notes that the indices entered a period of consolidation and traded within a tight range during the month as the quarterly earnings season concluded. The broader markets outperformed the benchmarks, highlighting positive underlying sentiment in the market. The analysis expects the consolidation to provide a platform for the continuation of the upward move going forward. Immediate support is seen at the 8500 level

Author
umagan
Language
EN