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Nifty above 7,850 level
Some buying activity is seen in pharma, banking, IT, auto and metal sectors, while capital goods, consumer durables and oil&gas sectors are showing weakness on BSE. The India VIX (Volatility) index is down 4.83% at 22.59. Out of 1,730 stocks traded on the NSE, 511 declined and 847 advanced today.