The smallcap rally cooled sharply last week, with only 38 stocks delivering double-digit gains, down from over 100 earlier. Profit booking and cautious sentiment dominated. Analysts expect stock-specific action ahead amid earnings season. Technical indicators suggest caution, while long-term investors are advised to accumulate on dips.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader