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The Nifty and the Sensex closed flat and marginally in the green on a day of lack luster trading.
The Nifty closed at 5856, up eight points and the Sensex closed at 19255, up 13 points.
“Nifty continues to show consolidation in upper range of 5825-5965. Some profit-booking has been seen in last three trading sessions, and volumes too have lowered relatively. However, despite the selling in some of the sectors, it is still holding above 5850 level in near term, which is a positive indicator. Any positive news can lead to upward breakout of the range,” said Rakesh Goyal-Sr.Vice President-Bonanza Portfolio Ltd.
Volatility was down one per cent and the volatility index India Vix closed at 14.49.
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