Both the Nifty and Sensex are experiencing profit-taking at higher levels

Negative domestic and global cues triggered a sell-off in the benchmark indices — the Nifty and Sensex, last week. A warning letter by the US drug regulator to Lupin for its two plants spelt trouble for other key pharma stocks as well, while rally in global crude oil prices dampened sentiment. Industrial output slowed to 3.8 per cent in September, data released by the Central Statistics Office (...