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Market Headstart: Nifty likely to open flat; Wockhardt, PI Industries top buys

The Nifty50 is likely to open flat on Monday following a mixed trend seen in other Asian markets. The index closed 90 points lower at 11,823 on Friday. Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 11 points or 0. Foreign investors remained net buyers in the domestic capital markets in June, pouring in a total of Rs 11,132 crore on a net basis this month so far, according to depositories’ data. Aurobindo Pharma Limited will invest up to $200 million on Capex and over five percent of sale value on Research and Development (R&D) during the current financial year, a senior company official has said.

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