Broader markets underperformed benchmark indices, with midcap and smallcap stocks witnessing selling pressure. Investors appeared to book profits after the recent rally in select pockets.
Several stocks across sectors saw sharp intraday corrections, indicating caution at elevated valuations. However, buying interest remained intact in fundamentally strong names.
Market experts advised investors to stay selective and focus on quality stocks. While near-term volatility may persist, long-term investors continue to view corrections as healthy for the market.
Leave A Comment