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ETMarkets Survey: Amid high uncertainty, Nifty50 seen rangebound in September
About 64% of the 14 respondents who participated in the survey see Nifty50 trading in the 18,500-19,500 range in September. This indicates that brokers remain unsure of the market trajectory. The 50-stock index gave negative returns of more than 2% in August, after clocking cumulative gains of 14% in the preceding five months.