The market is in a consolidation phase, and this is likely to continue. There are no major triggers for aggressive buying or selling. Even in this consolidation phase the undertone of the market is bullish and, therefore, buying on dips will emerge imparting resilience to the market. Strong up moves will attract profit booking and, therefore, sustained rally would be difficult. Even when the market consolidates, leading private sector banking stocks have the potential to move up further. Large delivery based buying is happening in this segment. This is perhaps the only segment which offers value in this overvalued market.