Nifty struggles below 8000; banks drag, pharma supports

The market continued to see profit booking in morning trade after two-day rally. The Sensex fell 130.82 points to 26261.56 and the Nifty declined 31.20 points to 7970.75, dragged by banking & financials, capital goods and metals stocks. However, pharma stocks bucked the trend.
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Posted in: Indian Market Tips