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Donald Trump and Kamala Harriss teams are preparing for potential future administrations while focusing on the close presidential election. Harriss team is government-funded and organized, led by Yohannes Abraham. Trumps team rejects government funding and relies on private donations, with Howard Lutnick and Linda McMahon leading transition efforts aimed at reducing chaos seen in the past.
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Amid weak market sentiment, small and midcap stocks performed strongly, with WPIL Ltd shares climbing 44.16% in a week. Other notable gainers include Prudent Corporate Advisory Services, AMI Organics, and Syrma SGS Technology. Midcap stocks like Gillette India and Indian Bank also surged, reflecting robust growth in these segments.
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The Nifty largely consolidated with a bearish undertone over the past five sessions, trading within a narrow range and ending the week with a modest gain. The index stayed below its crucial resistance points and saw increased volatility. Looking forward, careful approach is advised as technical rebounds are likely to face resistance.
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