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Ahead of Market: 10 things that will D-Street action on Friday
Equity markets ended with marginal gains on Thursday, apart from Oil & Gas, PSU Bank and Financials sectors. The US debt ceiling uncertainty and a stronger dollar weighed on investors’ sentiments. Ajit Mishra, VP - Technical Research, Religare Broking, said the index consolidation may continue, citing mixed indications. Traders should focus on handling intermediate volatility, look for opportunities in trends, and focus on sector stocks showing consistency in their trend instead of betting on laggards.