According to the provisional exchange data, foreign investors sold shares worth Rs 2,326.10 crore on net basis yesterday.
HDFC, HDFC Bank, TCS, HUL, HCL Technologies, Bajaj Finance, NTPC and Lupin were under pressure.
Edelweiss said the Monetary Policy Committee (MPC) board would take the following factors into calibration while setting its policy stance & tone – rising crude oil prices, changing drivers of inflation, wider trade deficit in conjunction with a push back in the 3.0 percent fiscal deficit target by 2-year to FY21, increasing MSP to 1.5x of the cost of production and rising US yields.
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