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Nifty

* Nifty traded volatile and settled marginally lower, taking a breather after the recent up move.

* Most sectors traded in sync in move. Metal, banking and financials were among the top losers.

* Seeing mixed trend across sectors, focus more on stock selection.

* While the tone is still positive, participants should limit positions and wait for further clarity.

Banknifty

* Banking index also traded choppy and lost over half a percent.

* Mixed trend was witnessed across the banking majors. HDFC Bank, ICICI Bank and Kotak Bank ended lower while Axis Bank, Indusindbk and SBIN settled in the green.

* Crucial to hold 43,300 mark else profit taking would extend.

* Prefer Axis Bank, SBIN, Indusind Bank for long trades.

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