Apollo Hospitals, Thyrocare: Time to book profits in these stocks?

According to the revised policy, private hospitals will receive 25 per cent of the vaccines and can charge Rs 150 in overhead at max

Shares of hospitals and diagnostic services providers slid at the bourses on Tuesday amid declining Covid-19 cases and Prime Minister Narendra Modi's announcement of free Covid-19 vaccines for ages 18 and above, from June 21.

Among individual stocks, Thyrocare Technologies and Metropolis Healthcare fell over 3 per cent, each, in today's intra-day deals while Apollo Hospitals and Dr Lal Path Labs slipped 1.6 per cent and 1.24 per cent, respectively. Fortis Healthcare also fell 0.7 per cent in intra-day. In comparison, the benchmark S&P BSE Sensex was down 0.25 per cent, at 12:11 PM.

The shares of diagnostic services came under pressure