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Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd.

The markets saw profit-taking today and closed nearly unchanged, following expectations. After opening lower, the Nifty traded within a narrow range throughout the day, ending near its upper boundary. Key sectors like energy, pharma, and FMCG posted gains, while banking and financials lagged. Broader indices continued their strong performance, each gaining more than half a percent.

Looking ahead, we anticipate continued consolidation in the index and recommend a focus on individual stock trading strategies. Traders should exercise caution in stock selection due to potential increases in volatility.

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