Indian Equity indices have turned into a consolidation mode after two days rally, with the Nifty50 closing tad beneath 19,800 mark with a average losses on October 12. The broader markets outperformed benchmark indices with the Nifty Midcap a hundred and Smallcap one hundred indices climbing 0.2 p.c and 0.65 percent respectively. India VIX, which measures the expected volatility for subsequent thirty days in the Nifty50, dropped for third straight session, indicating some stability within the fairness markets.
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