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ITC, HUL no longer safe, sector rotation coming: Quantum

A phase of consolidation with a positive bias is likely as yesterday's lows may not be broken. Also, Hindustan Unilever (HUL) and ITC, the safe havens, have cracked heavily in the last two-three days which means that the safe trade where everyone was hiding, particularly the large institutional investors are booking gains there.

first published: Aug 1, 2013 12:10 pm

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