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Sensex sees mild correction. BHEL down 5%

Markets have witnessed mild correction on the benchmark indices with stocks seeing some profit taking, after two days of spectacular rally.  Indian bourses were floating high after the announcement of the results from the poll conducted in four crucial states.

The Nifty is down by 18 points at 6345 (-0.27%). The Sensex is down by 46 points at 21279.

Some of the banking stocks have corrected in today’s trade.  ICICI Bank has come down by 2.2% to trade at 1176.  Axis Bank has lost over 1%. PNB is down by 1.5% to trade at 601.75.  SBI has also lost nearly 1%.

However BHEL is the top loser. The stock has lost more than 5% and is trading at 162.90.

Other stocks in the red include HCL Tech, Sun Pharma, Tata Motors and Tata Steel.

IT major TCS has however gained 3% to trade at 2065.  Infy is up by 1.2%








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