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The Indian equity market remained volatile on the backdrop of weak macro factors coupled with negative momentum on the sectoral front.
The Nifty index breached its crucial support level of 10,500 on Wednesday and decisively slipped below 50-day EMA level placed at 10,460.
However, index took a strong support at this zone to rebound upward near its immediate resistance placed at 10,600 levels last week. The index ended on a flat note with 0.08 percent gain on weekly basis at 10,605 levels on Friday
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