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On the sectoral front, FMCG, energy and banking led the recovery, supported by strength in select counters. Pharma and IT lagged after their recent phase of relative outperformance.
Sensex and Nifty dropped in early trading on Wednesday as investors awaited the Reserve Bank of India
Sensex may find support at 71,000–71,200 as Nifty eyes 22,800. Analysts see room for a brief rebound, but foreign selling, higher oil prices and bond yields remain key risks to stocks.