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Sensex, Nifty set for weak close
The market, which plunged sharply earlier this afternoon after Standard & Poor's revised downward India's rating to 'negative', recovered a substantial portion of lost ground subsequently thanks to some strong buying in automobile, pharma, metal and capital goods stocks. Bank, oil and FMCG stocks are trading mixed, but off their lows. Information technology, power, realty and consumer durables stocks
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