Indian stock market witnessed profit booking for the second consecutive day. On wednesday Indian traders were selling shares from the opening bell itself. Selloff in the global markets also influenced indian traders.
Only during the end of the week there will be buying interest from traders. Auto, FMCG and banking sector witnessed selling pressure.
Sensex closed just above 17,000 mark at 17009 down by 214 points. This was a recent blow for BSE. Nifty also witnessed selling pressure and closed down by 51 points at 5064.
It is advisable to buy at corrections.
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