Overall shorts are coming out of the system, short-covering action is there in the market today, and we expect that upside momentum is likely to continue in the coming trading session. So, one should remain long with a stop loss, as mentioned, like 16,950 for Nifty and 38,400 for Bank Nifty.
Why Saurabh Mukherjea has moved half his personal portfolio out of India
Saurabh Mukherjea, founder of Marcellus Investment Managers, has shifted his personal portfolio to a 50-50 split between Indian and global investments, reflecting a strategic pivot.