For some 6 counters from the largecap basket, the closing price has gone above last month’s high. This is a bullish indicator as it indicates that the stocks are moving upwards and have crossed the last month’s high.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and