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2 years ago

Buy or Sell | Dabur India a strong buy amid volatile markets; here's why

Moneycontrol
Moneycontrol
The Indian equity market traded in narrow range with positive bias despite a deep cut on intraday basis. Global factors continued to keep market breadth in negative regime. Nifty index formed weekly low of 11,519 levels and managed to rebound to form week-high of 11,706 level although it later failed to carry forward the momentum. The India equity market is likely to remain volatile on short-term basis given the negative market breadth favouring the bear regime. The earning results for Q1FY20 is likely to provide relative opportunity to take exposure in quality companies for long-term portfolio despite weakness in economy, said Dinesh Rohira, CEO and Founder, 5nance.com.

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