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Below are Views On Market hits new high after three consecutive rallies By Mr. Keshav Lahoti, Associate Equity Analyst, Angel Broking Ltd

Market hits new high after three consecutive rallies after growth oriented budget delivered by the Finance Minister Nirmala Sitharaman. All the sectors except Realty, Media and FMCG closed in green. We believe the market has factored in positive announcements made in the budget after three consecutive days of rallies. Future Retail lost 5 percent (lower circuit) after a court blocked Future Group's sale of assets to Reliance Industries. Bharti Airtel rose about 1.6% ahead of its earnings release. Global cues were supportive: Nasdaq futures was up by 0.6%, Dow Futures and FTSE were flat. We expect the market to continue with its bull run to hit fresh high, although we  expect some correction after each rally. We advise investors to use correction in the market as an opportunity to buy.

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