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Mid smallcaps gain 4th day; PB Fintech Paytm rally

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Indian equity markets closed flat on Thursday, but the Nifty Midcap 100 and Nifty Smallcap 100 extended their winning streaks to four consecutive sessions. The midcap index gained 0.85% while the smallcap index rose 1.12%. PB Fintech, Paytm, and Kalyan Jewellers led midcap gains, whereas Page Industries fell 12.91% following a report of operating margin contraction despite revenue growth.

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