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Domestic markets declined over the week due to concerns over rising bank deposit rates and price manipulation by brokers. The Sensex fell 2.3% and Nifty fell 2.3% while midcap and smallcap stocks declined more sharply. However, industrial output growth of 10.8% in October provided some relief. FIIs remained net sellers over the week. Going forward, markets will watch central bank actions on interest rates given inflation concerns.

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vallelavendar

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