Market Quote 23 August 2021 By S Ranganathan, LKP Securities
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Below is the market quote 23 August 2021 By S Ranganathan, Head of Research, LKP Securities
"Despite the narrative on earnings being positive, the broader markets witnessed profit booking today and many HNI's looking for listing gains have been caught on the wrong foot in the recent Primary Market offerings. As Indices ruled firm on the back of IT stocks, several Midcap names across sectors were seen wilting under selling pressure in late afternoon trade with the QSR basket too meeting with profit booking"
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