Bank of Baroda (-7 percent), SBI (-3 percent), Bharti Airtel (-3 percent) and GAIL (-2 percent) were the big losers in the Nifty. Other laggards in the index were Axis Bank (-1 percent),BPCL (-1 percent),Hero Motocorp (-1 percent) and Adani Ports (-1 percent).
In sectoral ratings, HSBC has upgraded IT to overweight citing realistic earnings expectations and reasonable valuations and upgraded industrials (capital goods, engineering) to neutral, citing signs of recovery
Note: Any changes made to your Portfolio today will be effective only in the next day's Networth mailer.
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