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Nifty close 7713 points: The Nifty had opened the week higher and hit a high of 7777 points before correcting as was envisaged last week. The Nifty did close the gap between 7604-7617 points but held above the crucial support of 7562 points as it made a low of 7582 points and recovered. Even though the trend is firmly up the Nifty is failing to make much headway above the 7700 points mark.

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