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Nifty50 Faces Its Weakest Year in a Decade as November Outlook Stays Cautious

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Indian equities had a difficult October, prompting a wary outlook for the coming month. The recent slide in the Nifty50 has raised hopes of a rebound on Dalal Street. Elevated crude oil prices and developments in the artificial intelligence sector could, however, act as headwinds. Foreign investors appear to be moving from a bearish stance toward a more neutral one, which may shape near-term market direction.

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