Nifty witnessed fireworks at the beginning of the week and gained two percent - Religare Broking
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Nifty
* Nifty witnessed fireworks at the beginning of the week and gained two percent, in continuation of the prevailing uptrend.
* All sectors participated in the move wherein banking majors contributed the maximum to the gains.
* Nifty may take a breather around the 20,750 zone.
* We recommend staying with the trend and utilizing a dip or consolidation as a buying opportunity
Banknifty
* Banking index witnessed a strong rally and closed at record highs gaining over three and half percent.
* All banking constituents ended in green. Wherein ICICI bank, HDFC bank and Kotak bank contributed the maximum.
* It has surpassed its previous hurdle of 46350 zone and trading at life high levels.
* Maintain buy on dips approach and advice to accumulate private banks on dips.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
![](https://portfolio.investmentguruindia.com/uploads/news/StockMarket_NSE.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _18.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/dec25v92_aXzI2bW.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/AHD1213thumbnail.0000001.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/dec25v88_OdQd7pX.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/dec25v84_rnpPrQq.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/dec25v80_9B2EnSu.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/dec25v79_z8ZdcB7.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/JitendraSingh77.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/dec25v53_xvwTOfm.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/StockMarket_NSE.jpg)
Indian shares set to open little changed
![Opening Bell : Markets likely to get positive start tracking positive cues from global peers](https://portfolio.investmentguruindia.com/uploads/news/Broker _18.jpg)
![Indian markets to deliver positive returns for 9th year in a row, outperform US](https://portfolio.investmentguruindia.com/uploads/news/Stock bull.jpg)
![Daily Market Analysis : Markets traded in a volatile range and ended largely flat, pausing after Monday`s rebound Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)