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The market had a rangebound trade due to a lack of domestic and global cues on December 28, and finally closed lower for the first time in the last three consecutive sessions ahead of the expiry of December futures and options contracts on Thursday.

The BSE Sensex declined 17 points to 60,910, while the Nifty50 fell 10 points to 18,122 and formed a bullish candle on the daily charts as the closing was higher than the opening levels

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