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Financial stocks were under pressure dragged down by Kotak Mahindra Bank, while consumer stocks fell on an earnings miss from heavyweight Hindustan Unilever
Traders are opting to maintain light positions on the index front ahead of the monthly expiry.
Fresh longs should only be initiated above the 48,200 resistance level as the range of 48,000-48,200 may still act as a supply zone, experts say
Analysts expect the bearish bias to weigh markets in the near-term as elevated US bond yields can trigger foreign outflow
Learn how to trade Apollo Hospital and Bharti Airtel in the F&O market based on technical and derivative analysis. Apollo Hospitals shows a bearish trend while Bharti Airtel exhibits a bullish momentum.