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Below the Quote on Market Wrap Says Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd

"Markets remained subdued and ended nearly unchanged amid mixed signals. After a flat opening, Nifty traded within a narrow range and eventually closed near the day's low at 22,547.55. Sectoral trends were mixed, with auto and FMCG sectors finishing in the green, while metals and realty were among the top laggards. The broader indices underperformed, recording losses between 0.6% and 0.8%.

On Thursday, markets will take cues from global trends in early trade, followed by a shift in focus to the monthly expiry of February’s derivatives contracts. We maintain our “sell on rise” stance on the benchmark while advising a balanced approach in stock positions. Meanwhile, investors can start accumulating quality stocks, available at attractive valuations."

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