Overall, what we need to understand is that markets have rallied significantly from the recent lows of 22,000 to currently trade around 24,300 plus. So, clearly, that has been a 10% more or less rally and in a very short span of time. So, somewhere or the other stocks are definitely witnessing some profit booking as well.
Breakout Stocks: How to trade Mazagon Dock, Bharat Dynamics & Bharat Electronics that hit fresh 52-week high?
The Indian market pared gains and closed in the red on Friday. The BSE Sensex fell 200 points while the Nifty50 held on to the