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Indian market forecast

New Delhi, Jan 2 (IBNS) From start of the week Nifty Future was trading in range bound movement due to festive season for FIIs, but extended gains on the last day of the week, getting help from factors like banking stocks gaining across the board specially private banks hitting fresh highs like Axis bank, Yes bank, Indusind bank and cement sector were in demand following government thrust on infra sector and mid cap stocks also rallied.

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