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Downside in market restricted to 16,000: Edelweiss Securities

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Nischal Maheshwari, Co-Head, Institutional Equities & Head Research, Edelweiss Securities told NDTV Profit that the downside in the market is restricted to 16,000. "Growth in the FMCG sector is under cloud. FMCG firms may witness margin pressure," he added.

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