Buy or sell stocks, Nov. 3 -- Last week, the key benchmark indices of the Indian stock market witnessed profit booking at higher levels. The Nifty 50 index ended 0.24% lower, while the Sensex was down by 273 points. Among sectors, the PSU Bank index gained the most, rallying 4.66%, whereas the Capital Market index was the top loser, shedding 1.83%. During the week, the market once again faced resistance near 26,100/85,300 and reversed sharply. According to experts, a double top-like pattern has formed on daily and intraday charts, and a shooting star-like formation has appeared on weekly charts, indicating further weakness.
Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market is t...
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