Equities post biggest weekly fall since Sept on low FII buys

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SummaryWeak global cues and a slowdown in foreign institutional (FII) buying saw Indian equities

breaking out of the broad range of 5,400 6,100, said Tirthankar Pattnaik, Director, Strategist-Institutional Research, Religare.

The week also saw two major foreign brokerages Goldman Sachs and Nomura raise their targets on benchmark indices citing changes in political scenario and improvement in macro as well micro economic situations.

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