Nifty Bank, which is near its 52-week high, was trading above 7 out of 8 SMAs. The index has to hold above 41,000 zones for an up move towards 41,250 and 41,500 zones, whereas supports are placed at 40,500 and 40,250 zones.
Bull market has resumed after bottoming out; PSUs will still lead the market but pockets have changed: Ramesh Damani
Ramesh Damani, a BSE member, emphasizes that the bull market has resumed with public sector stocks, particularly in defence and construction, leading the way. He