We believe that once Nifty spot crosses 22,500 and if Bank Nifty manages to cross above 48,200 marks, then there could be another round of short-covering we can witness in Bank Nifty and then rally can extend to 48,700 also for Bank Nifty and then we can see some participation from the PSU bank also.
2 top stock recommendations from Aditya Arora
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