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    <title>Markets rise in early trade on strong quarterly performance by corporates</title>
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    <description>Early trade opened positively on stronger-than-expected corporate second-quarter earnings, with buying concentrated in large-cap banks, consumer discretionary and select engineering and telecom stocks, while autos and some IT and industrial names lagged. Domestic institutional investors remained net buyers, offsetting continued foreign institutional selling for a fifth successive session, which analysts identified as a constraint on sustainable new highs; sustained earnings improvement and a change in foreign investor strategy were flagged as necessary for a durable market breakout.</description>
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