The bull market at Dalal Street is thriving, fueled by positive developments such as Wall Street's surge, a 3% drop in WTI Oil prices, and the promising Interim Union Budget. With a focus on sectors like consumption, defense, railways, hotels, services, and electronics, the goal of India's $5 trillion economy is in sight. Technical analyses suggest a potential FOMO-driven surge in Nifty to its all-time high, supported by favorable indicators. Bank Nifty outperformed, and stocks like SBI, BANK OF BARODA, and others show breakout potential. Q3 results are anticipated today. The preferred trade suggests buying Nifty and Bank Nifty, with bullish sentiments on INDIGO, STATE BANK OF INDIA, BANK OF BARODA, ADANI ENTERPRISES, and RBL BANK. The top stock to buy is INDIGO, with targets at 3100 and 3147, emphasizing a rebound play.
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