Equity benchmarks ended with moderate losses after showing smart recovery in late trade due to short covering. But the Nifty managed to claw back above 6100 level, led by Reliance Industries, SBI, Wipro, Infosys, Hindalco, DLF, Reliance Communications, Maruti and L&T along with healthcare companies' shares.
However, metal, private financial, auto, cement and power companies' shares along with ONGC, Bharti, BHEL and TCS witnessed selling pressure.
Overall it was a part of profit booking as the Nifty rallied upto 6200 level. Foreign institutional investors (FIIs) remained quite supportive; they have consistently been net buyers to the tune of more than Rs 37,500 crore (including provisional data of October 7) since September. However, domestic institutional investors were net sellers of just Rs 16,000 crore since the same period.
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