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Stock recommendations for 16 June from MarketSmith India

Nifty Bank extended its gains on 15 June, opening at 57,679.65 and climbing to an intraday high of 57,804.50 before profit-taking at higher levels pulled the index down to 57,119.20. Buyers, however, returned at lower levels, helping the index recover and close at 57,198.80, up 384 points, or 0.68%, from the previous session.


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