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The Indian stock market is still in an overbought position as the global and local Corona case continues to weigh on the stock.

Dear Trader… On the first day of the week, the Indian stock market started trading with a rally after a significant decline last week. Foreign funds, which have been booming for a long time, are seeing heavy sell-offs last week with volatility on the back of a worrying rise in the transition of corona to India. At the start of the trading day, the BSE Sensex opened at 50654.02 points

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.