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The number of smallcap stocks that rose in double digits came down for the second consecutive week. Fifty of them saw double-digit rallies, compared with 52 a week earlier and 60-plus in the preceding week.
Nifty need to sustain above 22,150 to end the consolidation and march towards the 22,500+ zone else profit taking may resume, says expert.
The Nifty Pharma index was trading 0.28 per cent up at 18722.2.
The Nifty Auto index was trading 0.61 per cent up at 19538.25.
The Nifty Realty index was trading 1.01 per cent down at 841.35.