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Stock Market Today by Shailesh Saraf-22 July 19

FII & PRO have sold more than 1 Lakh contracts in Index options on last Friday indicating further weakness in the market. Indian markets tumbled last week as Nifty fell sharply more than 300 points from its high of 11707 to make a low of 11399 and finally closed at 11419 down by 1.15% from its previous close. Last week the Index also broke its important support level of 11461, selling was supported by FII & PRO as their have sold more than 188000 contracts in last 2 days suggesting further weakness in the market up to 11100 levels.

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