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The Indian equity markets are likely to open on a muted note on Monday, November 10, amid mixed global cues and subdued trends in GIFT Nifty. However, technical indicators suggest that the broader uptrend remains intact, with key supports holding firm after last week’s correction.

On Friday, the NSE Nifty 50 slipped 17.4 points, or 0.07%, to close at 25,492, while the BSE Sensex ended 95 points, or 0.11%, lower at 83,216. Broader indices also saw mild weakness as traders booked profits ahead of a heavy earnings week.

According to Sudeep Shah, Vice-President & Head of Technical and Derivatives Research at SBI Securities, markets could see renewed momentum if key support zones continue to hold. Shah offered a detailed technical o

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