Nifty IT enters bear market amid US slowdown fears, breaking key supports. Defence stocks rise on EU spending boost. IndusInd Bank shows rebound signals. Analysts predict market range-bound before Q4 earnings. Stock picks: Rain, Maxhealth.
Big investors ditch tech ahead of expected September stocks slump
Big investors, fearful of September’s typical seasonal declines, exited profitable stock positions on Tuesday, according to investors and trading company research, a sign the selloff