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With Nifty 50 falling over 21 points and sensex falling over 65 points Nifty 50 falls over (-0.82%).

On yesterday’s trading session
Nifty opened at 11,301 and closed at 11,152 so it was a negative day
According to our strategy we will take a bullish trade as previous trading day was negative.
But following 2 negative days in Nifty we did not take any trade today.
Loss and profits are a part of trading

Top gainers for today were

Axis Bank

Top Loosers for the day were
Tata Steel
Indusind Bank

While the 2 IPOs
1) Chemcon was subscribed over 20 times .
2)CAMS was over subscribed as well.
3)While Angel broking IPO wasn’t subscribed completely.

*FII and DII data
FIIs were negative following Nasdaq composite falling over 25% .
Overall Buying in FII- 4190 cr while
Selling was FII – 8102 cr

Bringing the net FII position to = -3912 cr

While DII were bullish today

Having a net position of 1629 cr

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