New Delhi, June 22 -- Indian equities paused after a five-session rally on 19 June, with the Sensex falling 607 points and the Nifty slipping 155 points as sharp selling in IT stocks weighed on sentiment.

Concerns over global tech spending resurfaced after Accenture's cautious outlook, triggering steep declines in Infosys, TCS, Tech Mahindra and HCL Tech. While the setback highlights the resistance markets face at higher levels, the broader trend remains constructive. In such an environment, investors may be better served by adopting a buy-on-dips strategy rather than chasing rallies.

THELEELA (Cmp 494.20)

THELEELA: Buy above Rs.495, stop Rs.475 target Rs.550 (Multiday)

PIRAMALFIN: Buy above Rs.2155, stop Rs.2075 target Rs.2265 (Multi...