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Cautious on market in September series; avoid leverage bets, says Amit Jain

"Till now FIIs had been positive in cash markets, but this may change with any negative news flow from global markets. In my view, both the bank & IT sectors may face the heat this week, but FMCG & pharma may be a support. In the overall series, we are cautious about overall markets keeping broader geo-political risk in mind."
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