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Consolidation!! (11th June 2024)


1. U.S Markets closed mixed yesterday.
2. U.S Futures are trading mixed right now.
3. Asian markets are mixed.
4. Global cues are mixed currently.
5. Yesterday the Ministries were announced.
6. It was much more on expected lines and there were no surprises.
7. For stock market perspective , the most important post is of Finance Minister.
8. This post now is continued by Nirmala Sitharaman. 
9. There are sections of people who feel she is a good finance minister.
10. Others have different views.
11. Overall it's a mixed reaction from the Taxpayers.
12. Yesterday,  the major indices traded I'm green throughout the day.
13. Last hour there was profit booking.
14. Both indices closed almost at the lowest point of the day.
15. 23200 to 23400 is the current range for nifty
16. We are likely to have a flat day today as well
17. Volatility and intraday range of Nifty is getting lower.
18. Read a data that Retail have invested 31000 crore plus in May month.
19. Due to good education and awareness people are entering into Stock Market.
20. This is a very good sign for the growth of country and well as stock market participants.
21. Nifty might trade between 23150 to 23450 today.

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