With less than 1:30 hours remaining, there is hardly any block activity in RDY. Historically markets up move become doubtful. Yesterday there were lots of trades above 20,000 shares. Institutions are absent and the entire drug group is not participating.
Wait and see can go on for a long time. With market moving to all time new high, the tendencies by the traders is to switch from non performing (drug group) to technology.