The markets slipped back into red on the back of profit booking witnessed across all the sectors. Stocks that have slipped in red include oil & gas, pharma, FMCG and realty index. Consumer durable and metal index was still holding up in green. Smallcap index was still strong, however midcap has pared most of its gains.
Stock Markets opened very high in the morning at 300+ for BSE and 100+ for NSE.
Market breadth was still in positive but the gap has narrowed down from the early trade level. On NSE over 800 stocks were up and nearly 400 stocks were on the downside.
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