''For today's trade market likely to trade in the range between 7860 - 7890 in the upper side and 7800 - 7770 in the lower side,'' said the broking house Indira Securities.
''Indian equity benchmarks closed with moderate gains in Thursday's trade. Investors turned concerned that the current rally has exceeded the outlook for earnings. They took no note of heavy monsoon rains which reduced rainfall deficit by 11% points to 25% from 36% a week ago. Traders were seen piling up positions in Metal, Realty and FMCG while selling was witnessed in Consumer Durables, Oil & Gas and HealthCare sector stocks,'' it added.
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