New Delhi, Oct. 3 -- Vaishali Parekh's top 3 stock recommendations: In the truncated trading week, the benchmark indices corrected sharply. The Nifty 50 index ended down by 3.10%, while the Sensex fell nearly 2000 points. Among the sectors, almost all major sectoral indices saw profit-booking at higher levels. The Consumer and Auto indices lost the most: Consumer stocks corrected 6.15%, and Auto stocks fell 5.85%.

The market consistently faced selling pressure at higher levels during the week. On the weekly charts, it formed a long bearish candle. On the intraday charts, it continued to make lower highs and lower lows, indicating a largely negative trend.

Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladher, belie...