When we actually look at the Strike Valuation Charts that we have on our platform, it shows the stock at minus two standard deviations, so that is an extreme in terms of the long-term valuation graph and when you are at that kind of level, definitely at some point of time interest had to get generated and you are starting to see that, now that is only one item and slowly you are seeing the momentum build up in the other private banks as well.
Financials remain the backbone; cement, chemicals emerge as new leaders: Nischal Maheshwari
Market expert Nischal Maheshwari suggests a consolidation phase after a strong run. He anticipates a potential new high in the current fiscal year. Financials are