In the past week, market has seen some contraction and expansion, but it continues to remain at an all time high. Broader sector indices has seen a decent run in the last few weeks and now there would be a sector rotation in the markets, with some sectors coming in with fresh capital, while others would enter a consolidation phase. Going forward, any dips below 17,600 or 17,450 is a very strong support, as it would be a buy on dips market. On the other hand, bank nifty is underperforming and in a broader range, however, that is also expected to be on the higher side, as it is a buy on dips market.
To know more watch Bazaar weekly as Lovelesh Sharma, Technical Analyst, Finversify gives an outlook of how the markets performed this week and what the market would like for the coming week with Money9’s Sakshi Batra.
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