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NIFTY

* Nifty started the week on a muted note and ended unchanged, taking a breather after the recent slide.

* Mixed trends on the sectoral front, wherein realty and financials edged higher, while IT and pharma ended in the red.

* The upside seems capped citing a strong hurdle around the 19800-19900 zone.

* Stay stock-specific and focus more on risk management.

* We reiterate our view to stay stock-specific and focus more on risk management. 

BANKNIFTY

* Banking index remained volatile throughout the session and finally settled marginally higher.

* SBI and Indusind Bank remained subdued. While Kotak Bank, ICICI Bank and HDFC Bank contributed the maximum.

* Resistance is seen at 45050 zone, which coincides with its short term average i.e. 20 EMA.

* Trade in sync with the trend while keeping a check on position size.

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