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Short position is betting that the prices will drop down, entering into derivative contract and committing to sell underlying security/commodity at price defined at current moment.
ReplyDeleteCoal India Ltd has 11.4 per cent drop in consolidated net profit at Rs 3,894 crore for the financial year's third quarter (October-December) versus Rs 4,395 crore in the corresponding period last year. Cipla consolidated revenues were up 22 per cent year-on-year to Rs 2,581 crore in the financial year’s third quarter, on the back of a strong exports performance, higher costs dented profitability, leading to a 16.5 per cent fall in net profit to Rs 284 crore.
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Today Nifty Resistance 6077, 6082, 6085
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