As compared to Monday’s closing level of 5,217, Nifty PSU Bank is just 3% away from the closing peak of 5,375.8 touched in November 2010.
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists.
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