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Indian Equity indices have turned into a consolidation mode after two days rally, with the Nifty50 closing tad under 19,800 mark with a average losses on October 12. The broader markets outperformed benchmark indices with the Nifty Midcap one hundred and Smallcap one hundred indices climbing 0.2 p.c and 0.sixty five percent respectively. India VIX, which measures the anticipated volatility for next thirty days in the Nifty50, dropped for third straight session, indicating some stability within the equity markets.
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