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"Weak market halts 6-day losing streak" source In yet another gaped opening, and this time on the upside, the Indian markets staged a strong short covering-led move and ended the day on a strong note. The Nifty opened on a higher note and got stronger as the day progressed. The markets went past the crucial resistance level of 16,000 and also went on to move past 16,200 levels meaningfully. Throughout the session, the markets kept marking incremental highs -- at no point in time did it show any inclination to correct. The market breadth remained strong and the benchmark Nifty50 went on to close on a strong note gaining 456.75 points (+2.89%). The US markets started initially weak but rebounded towards the end and closed flat. This may aid in a stable opening to the domestic market. The coming week will see monthly derivatives expiry -- the sessions from now on will stay influenced by the expiry-centric moves. Source With the Nifty moving well above 16,000 levels, the suppor...