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After a global sell off on Monday things are looking ok for now. Technically nifty is consolidating in 4200-4500 range. This is good for long term investors. Dow again followed Asian markets and closed at modest gain of 82 points after loosing more then 180 points yesterday. Technology stocks are back in demand.
In India picture might be flat to negative there is not too much data other then some decent retain numbers from US.
In short term I see more weekness ahead.
Advanved to decline ration stays good that's a positive sign for NSE