New Delhi, Nov. 19 -- Breakout stocks to buy or sell: Both Indian benchmark indices - Sensex and Nifty - pulled back after six consecutive sessions of gains, as bulls were once again unable to reclaim record levels that remain slightly over 1% away. Following the recent rally, investors booked profits while awaiting key US economic data that could influence expectations around future Fed rate cuts.
The 30-stock BSE Sensex slipped 278 points, or 0.33%, to 84,673, and the NSE Nifty 50 fell 103 points, or 0.40%, to 25,910.
The sell-off was widespread, with all key sectoral indices ending lower. The broader markets also weakened, with the BSE Midcap index slipping 0.70% and the BSE Smallcap index falling 0.85%.
Sumeet Bagadia, Executive Di...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.