I agree that some part of the IT and pharma, it is slightly looking tired, maybe they have had the run, which is possibly the reason for which they are currently undergoing some amount of quiet movement on the counters.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate