Market continues to exhibit strong momentum and extremely positive sentiments. It will take some major negative surprise to prevent the market from racing past its all time high in the near term. Minor pull back on profit booking can happen, yet markets are likely to attain new heights before a major correction or consolidation phase begins. Banking which is likely to be the star of this bull run has started correcting after the euphoric rally in the last few trading sessions. This corrective phase should be used to add more exposure to this sector. Apart from this infrastructure, power, capital goods, metals and sugar sectors remain interesting sectors to buy on declines.
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