Stocks are likely to open lower and might continue to be in red for the rest of the session. Expect, more than 100 point correction, with midcaps taking the beating.The stock of UCO Bank stood out among the midcaps, as the stock gained more than 11 percent and closed at RS 55. We recommend booking profits in this stock. Hyderabad operators are getting increasing active in Celestial Labs, which has gained more than 8 percent for the second day in a row.Dena Bank was among the top gainers along with Granules India which spurted on news of preferential allotment to its promoters.We recommend investors to stay away from the market and sit on the sidelines and short sellers could look in to shorting Banking and Real Estate stocks
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