Daily Market Analysis : The markets began the week positively, building on Friday's gains Says Mr. Ajit Mishra, Religare Broking Ltd
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Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
The markets began the week positively, building on Friday's gains. Following an initial uptick, the Nifty gradually climbed, reaching a high of 24,635.05 before closing at 24,586.70. All key indices joined the rally, with realty, auto, and energy sectors leading the gains. The broader indices also performed well, rising by 0.6%-0.9%.
We maintain a positive outlook and recommend a "buy on dips" strategy. In addition to favorable domestic factors, positive global cues are boosting sentiment. Traders should continue to focus on stock selection and trade management.
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