Basically, the RBI is making its presence felt and letting traders know once again that it will not allow one-sided moves,” said one of the state-run bankers who confirmed the intervention.
F&O Talk| Nifty cracks 20-DMA amid bearish momentum, macro cues keep investors on edge: Sudeep Shah
Indian benchmark indices faced profit booking, with Nifty declining by 1.22% and Sensex shedding 925 points. FMCG outperformed, while Defence and IT sectors declined. Analyst