For Traders: Detailed Nifty, Bank Nifty strategy highlighted by ICICI Securities; check stock analysis - MGL, IGL, Cadila Healthcare, Exide, Torrent Power
Nifty witnessed range bound movement and ended on the lower side below 13000. Sectorally, from the highs, selling pressure was visible in banking, insurance and cement stocks while buying was seen in select pharma and auto stocks: Reuters