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Markets Expected to Consolidate Ahead of Weekend
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Analysts expect range-bound trading and mild profit-booking near 25,900, advising light positions before macro data releases and weekend consolidation.
Market strategists anticipate range-bound trading as profit booking emerges around 25,900 on the Nifty 50. Analysts highlight steady performance in FMCG, Private Banks, and Media, while Pharma and Oil & Gas show mild weakness before upcoming macro data releases. Experts recommend traders adopt light positions as index volatility is likely to persist until the release of key global inflation and trade numbers later this week.