Sensex, Nifty saw marginal decline in profit-booking on Monday amid mixed cues. Sectorally, metal, oil & gas and IT stocks saw some selling, while buying was seen in realty, utilities, telecom and healthcare stocks. Raymond stock was up over 3% to hit a fresh 52-week high.
Nifty faces further downside after breaking key support levels: Rohit Srivastava
Rohit Srivastava, Founder of Strike Money Analytics, highlights the impacts of a rising dollar and bond yields on the Nifty, predicting further downside with significant