Tag: utilities

More highs bring more profit booking

[ad_1] Mumbai: The benchmark indices ended their two-day winning streaks as they closed below their opening levels in Tuesday’s trade. The oil and gas, realty and utilities indices were the day’s biggest losers. Analysts believe that the markets could stay range-bound in the same manner till next week as they have entered the overbought condition and may experience a consolidation. NSE‘s Nifty fell 90.70 points or 0.43% to close at 20,906.40, and BSE’s Sensex declined 377.5 points or 0.54% to end at 69,551.03. Earlier in the day, both Sensex and Nifty had touched their lifetime high levels before a dip ... Read more