Big movers on D-Street: What should investors do with Bank of Baroda, Shriram Finance and M&M Finance?
Indian markets ended lower due to a bearish trend in global markets and profit booking. BSE Sensex fell by 216 points, while Nifty declined by 70 points. Among various sectors, FMCG, auto, power and realty fell. Buying was seen in IT, metal and healthcare sector stocks. Bank of Baroda saw a breakout from an ascending triangle pattern and is expected to rise towards its breakout point. Shriram Finance formed a trend reversal pattern, and M&M finance witnessed a strong uptrend. Experts recommend buying Bank of Baroda, partial profit booking for Shriram Finance, and partial profit booking for M&M Finance.
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