ACC, Cipla: 66 stocks from Nifty 500 index are showing weakness on charts

Few pharma stocks are expected to weaken at higher levels.

The domestic stock market is on a record-breaking spree. On Friday, the benchmark S&P BSE Sensex hit a fresh all-time high of 46,309.63 during the intra-day deals while NSE's Nifty scaled a record peak of 13,579.35. Since their March 2020 lows, both Sensex and Nifty have jumped 80 per cent, each, NSE and BSE data show. 

However, amid this relentless rally, few stocks are showing weakness on their respective technical parameters. For instance, as many as 66 stocks, including select pharma and cement counters, from the Nifty 500 index are expected to see profit-booking in the coming sessions.   

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