A temporary breather after ~8% rally over the past four weeks would present an incremental buying opportunity to build a quality portfolio.
The upward trend of the markets is likely to continue from here amid a steep decline in daily Covid-19 cases and robust Q4 earnings
Benchmark Indian equity indices ended with strong gains on Tuesday, recovering from Monday's steep selloff led by broad-based buying in late trade
Nifty Auto index leads the sectoral indices with gains of 4.28%, followed by Nifty Metal & Nifty Bank rallying over 3%.
The Nifty Metal index ended with gains of over 3.5%.
IOC, Maruti Suzuki, HUL, Bharti Airtel and Coal India were among the major losers on Nifty.