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Nifty shoot up second day: Will it sustain?

Nifty shoot up the second day:

Nifty shoot up second day, It is the second day in a row to see an upward movement. But the most important thing is will it sustain? Is this a short-covering or the sentiment of the market has actually changed into a positive direction. The measures announced by FM are going to make any lasting impact. It is visible that the economy is facing a slowdown. Falling rupee is adding into it.

Gold is getting momentum after a long time. So whether we should start investing or should keep on selling on rising. Is it a perfect time to enter for a long term investment or sit tight on cash. This week is crucial to answering most of these questions.

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