Banking index also traded choppy and lost over half a percent - Religare Broking
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Nifty
* Nifty traded volatile and settled marginally lower, taking a breather after the recent up move.
* Most sectors traded in sync in move. Metal, banking and financials were among the top losers.
* Seeing mixed trend across sectors, focus more on stock selection.
* While the tone is still positive, participants should limit positions and wait for further clarity.
Banknifty
* Banking index also traded choppy and lost over half a percent.
* Mixed trend was witnessed across the banking majors. HDFC Bank, ICICI Bank and Kotak Bank ended lower while Axis Bank, Indusindbk and SBIN settled in the green.
* Crucial to hold 43,300 mark else profit taking would extend.
* Prefer Axis Bank, SBIN, Indusind Bank for long trades.
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