Adani Gas, SRF: 44 stocks in Nifty500 can see profit booking, RSI show

As the Sensex and Nifty scaled record peak, various stocks have entered the overbought condition of RSI.

Markets have been on a roll over the past few sessions, buoyed by the outcome of the US presidential polls and then fuelled by Pfizer's annoucement that its experimental Covid-19 vaccine was more than 90 per cent effective based on initial trial results.

The S&P BSE Sensex gained 400 points in intraday trade and breached the 43,000 level for the first time. The broader Nifty50 index also topped the 12,550-mark. TRACK MARKETS HERE

As the Sensex and Nifty scaled record peak levels, a number of stocks have entered an overbought condition as per the Relative Strength Indicator (RSI), which