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NIFTY Index Chart Analysis

NIFTY Index Chart Analysis

A PHASE OF CONSOLIDATION

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A fortnightly view on Nifty 50 and two investment ideas on the basis of intensive technical analysis in a 15-day horizon.

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Indo Count Industries Ltd forays into bed linen markets; locks in at upper circuit

Nidhi Jani / Article rating: 3.8

Looking at the industrial front, China has a 39 per cent share in home textile exports with USD 19 billion, followed by India at 11 per cent with USD 5 billion. India, being the second largest home textile exporter as well as the largest producer of cotton in the world, is expected to benefit from this structural shift.

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