Market Movers: Financials lead, midcaps underperform; 69 stocks turn overbought
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The market breadth was neutral, and trade was lackluster compared to Monday, when gainers were more than double the number of losers on the BSE.
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Undergarments manufacturer Rupa & Company surged 20 per cent to Rs 311.70 after Abakkus Emerging Opportunities Fund-1 bought 1.50 per cent stake in the company through a bulk deal on Monday.
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MUMBAI: Financials led benchmark equity indices higher for the fifth day in a row to log new all-time highs on Tuesday, in a session that saw Nifty forming an indecisive Doji on the daily chart.