Published on 21/02/2021

Market corrected a bit after a violent rise in prices, post budget. Nifty and Banknifty declined for 3 consecutive days, which indicates profit booking in the market. But so far indices have not shown any violent decline. Auto, pharma, private banks and FMCG sectors were under pressure. Though PSU banks bucked the trend. The enfeeblement in fall represents the prospect of comeback of bulls.

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