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    This pharma stock is set to rise 5%; another 6% upside seen in cable firm

    Synopsis

    Nifty stayed in the flat zone at open and managed to move up a little before being pulled down. It closed with a net loss.

    What looked like yet another day of consolidation in the morning turned out to be a corrective day for the markets as both key indices ended with a cut. The markets saw a flat start. This made NIFTY trade flat and in a capped range in the first hour of the day. However, the Nifty ended up forming the day’s high point in the morning and then slipped under strong corrective pressure. The index kept making incremental lows throughout the session,
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    The Economic Times