Markets have reclaimed the record high after a marginal dip, thanks to buoyancy in select heavyweights; especially from the banking space. We feel the participation of the banking pack would continue to play a critical role in maintaining the prevailing tone while others may play a supportive part on a rotational basis. We are eyeing 22,800 next in Nifty and the view would negate if it fails to hold 21,900. Participants should maintain a stock-specific approach and prefer index majors and large midcap counters for long trades.


 

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