After the good run yesterday the key thing to watch today will be the follow up buying. Usually the market tends to turn around above the 5300 level with sellers overpowering the buying momentum. It remains to be seen, if this time we can follow a different path. The bright spot in the market has been the good participation from the mid and small cap space. We advise investors to remain invested and buy stocks on declines and give preference to stocks in capital goods, infra, oil and gas and sugar space.
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