Nifty midcap index went down by close to 4 percent
Bears are in full control of the Nifty. The broader markets underperformed the Nifty by a good margin, Nifty midcap index went down by close to 4 percent whereas the Nifty smallcap index also went down by around 3.6 percent.Nifty Auto created a fresh 52-week lows and we would like to go stock specific within those. We are sensing good amount of correction in auto pack, says Pushkaraj Sham Kanitkar, AVP - Technical Research at GEPL Capital.Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months at 289. Use code FREEDOM.