What’s not

Shares of software and IT services companies were punished. Tulip Telecom tanked 30%, Hexaware Technologies declined 12%, eClerx Services declined 11%, Tata Consultancy Services fell 9% and Mindtree fell 8%.

 

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ML sectoral trends

Shares of retail companies soared 17%, shares of engineering, electronics & electrical companies advanced 12% and shares of real estate, lifestyle & leisure sectors rose 10% each. Stocks of software & IT services companies declined 5% and stocks of consumer products companies fell 3%.

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