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Markets
Positive momentum likely in mkts
Cautious investors booking profits
Domestic flows supporting mkts
Nifty not showing any weakness in the trend
Mkts likely to be volatile in near term
PSU banks’ valuations turning less attractive
Banks
Valuations of PSU banks turning less attractive, says brokerage
Charts hint at indecisiveness
Nifty forms lower high candles
Nifty in oversold zone
Quick pullback rally is likely
71,250 to act as support level