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Mid-cap media & IT players to rise about 7% each
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While continuing to consolidate, Indian equities remained in a defined range, consolidated, and ended the day on a negative note, with the Bank Nifty relatively outperforming the Nifty. The markets opened lower, and after staying in a range, the Nifty drifted lower.
It formed the low point of the day in the afternoon session. A minor recovery was seen, but no major technical rebound took place.
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