Autos, Financial and IT stocks led the decline on D-Street.
Bulls took a breather on Monday as bears took control of D-Street in the last 1 hour of trade. The index slipped below 5-DEMA as well as its crucial psychological support level of 10500.
Autos, financial and IT stocks led the decline on D-Street. The positive takeaway from Monday’s session came after market hours.
Eight core sectors grew by 6.8 percent in November 2017, mainly helped by a robust performance in segments like refinery, steel and cement, official data showed.
The eight infrastructure sectors, coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, had witnessed a growth of 3.2 percent in November 2016.
For more, watch the Markets@Moneycontrol show. Money control analyst Shishir Asthana speaks to Anchal Pathak about the markets trends to look out for today.
First Published on Jan 2, 2018 08:56 am