INSUBCONTINENT EXCLUSIVE:
Benchmark equity indices pared early gains to end in the red on Thursday amid profit booking in healthcare, capital goods, metal and auto
Sustained selling by foreign institutional investors and a sliding rupee also weighed on sentiment.
More than 30 stocks in the Nifty index
Oil marketing companies HPCL, BPCL and IOC rallied up to 4 per cent.
Abhijeet Dey, Senior Fund Manager-Equities, BNP Paribas Mutual Fund
Bank rallied over 1 each.
Bulk deals were seen on the counters of Kwality and VLS Finance on the National Stock Exchange and in Adani Ports
and Medico Remedies on BSE
formation and is moving towards its apex, says Milan Vaishnav, Technical Analyst, Gemstone Equity Research and Advisory.
The 10,820-10,850
zone continues to pose a formidable resistance for markets
It is perhaps the time to get cautious, keep positions moderate and vigilantly protect profits at higher levels unless this pattern breaks
with a sharp upward move, he said.
