Property EBITDA is defined as revenues less property

Overall, I expect markets to consolidate at these levels for the next few days as Nifty 8000/8050 provides a good support. We could even stage a feeble rally to 8200 8250 but I would suggest traders to book out of long positions as the markets may not sustain over a medium term. Monsoon progress would play a key role and the uncertainty could continue for the next few weeks.

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