Following are the stocks where profit booking is seen taking place in the F&O segment.

Reliance Retail Ventures Limited (RRVL), through its wholly owned subsidiary, 7-India Convenience Retail Limited, has entered into a master franchise agreement with 7-Eleven, Inc. (“SEI”) for the launch of 7-Eleven® convenience stores in India. The first 7-Eleven store is set to open on Saturday, October 9 in Andheri East, Mumbai. This will be followed by a rapid rollout in key neighborhoods and commercial areas, across the Greater Mumbai cluster to start with.

The panic drop like the one we had witnessed on Wednesday is quite evident during this bull run but such panic drop has not seen follow-through selling, which clearly indicates that the buy-on-dips template has worked quite well during this bull run.

After trading flat for the first half of the trading session, the benchmark indices gradually slipped into red towards the end on global risk-off and inflation concerns. Sensex and Nifty plunged by 555.15 and 176.30 points, respectively. In the broader markets, the BSE Smallcap index declined 0.55 per cent and the BSE Midcap index lost 1.22 per cent.

Sensex and Nifty fell by 0.93 per cent and 0.99 per cent to end at 59,189.7 and 17,646 respectively amid a choppy trading session. BSE Small-cap index also contracted by 158.62 points to close at 28,693.

Interestingly, despite the fact that the index closed near its day’s low, there were a couple of stocks that witnessed a good recovery from the lower levels.

Going ahead, one needs to be selective in the stock selection. Hence, we have come out with a list of stocks that have witnessed the breakout based on the T20 breakout system.   

TVS Motor Company, one of the leading manufacturers of two-wheelers and three-wheelers globally, has entered into a strategic partnership with one of India's largest integrated power company, Tata Power. As part of the MoU, the two companies agreed to drive the comprehensive implementation of Electric Vehicle Charging Infrastructure (EVCI) across the country and deploy solar power technologies at locations of TVS Motor.

The main reason behind this sharp fall is US Dow Futures, which is trading lower by 0.80 per cent and is also, near the day’s low.

Here's a list of the stocks that are close to their 52-week high.