Momentum has turned positive in today’s session. Nifty is trading near 23,215 (+0.92%), with Bank Nifty up 0.68%, while broader markets are also participating (midcap +1.15%, smallcap +0.45%). Market breadth is healthy at 2,101 advances vs 979 declines, indicating decent participation across stocks. Leadership is coming from defensives and select cyclicals. PSU Banks (+2.45%) are leading, followed by strength in pharma, healthcare, metals, energy and IT, suggesting selective accumulation. The only notable weak pocket is capital market stocks (-1.27%), showing some profit booking after recent moves. Structurally, the market is stabilizing after recent volatility. 23,000 remains a key support zone, and holding above this keeps the short-term structure intact. For now, sentiment has improved, but follow-through buying will be key.

#PersonalFinance#FundamentalViews#MacroViews#TechnicalViews#TrendingSectors

637 likes·51 comments