There is no doubt that market breadth in all segments of the market was under pressure, but last week's correction was largely led by two banking heavyweights which are HDFC, ICICI bank and conglomerate Reliance. What would be worth watching is whether in coming trading sessions, the market remains under pressure or we go back to the same trend where midcaps move on their own path without bothering what is happening to Nifty.
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