New Delhi, Feb. 5 -- Nifty 50 on 4 February: Recap

On 4 February, global cues dictated the trends once again. After aweak start that was beset with some apprehension, the strong resurgence by the bulls has surprised the bearish camp to move beyond the Budget-day high. The trends do not indicate any sign of a reversal; hence, you should continue to look for bullish opportunities.

The markets displayed volatility once more on Sensex expiry. A strong closing saw the Nifty rise above 23,700 points comfortably while the Bank Nifty went above 50,000. There was a widespread rally in the market on Tuesday. Barring fast-moving consumer goods (FMCG) stocks, all the other sectors seem to be in a revival mode and could look to extend their rise. Wh...