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Global distress weighed on IT and pharma stocks which came under selling pressure. Nevertheless, the gains in infra, industrial, and capital goods stocks together with the continued buying in mid- and small-cap stocks contributed to the ongoing rally
A long bear candle was formed on the daily chart with a minor lower shadow. Technically, the pattern indicates that the market is now placed at the edge of a downside breakout of the support around 19250-19200 levels.
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