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Mohan Shah posted an update
The truth is, today’s market is looking upbeat with Nifty 50 up over 160 points, honestly I’m not surprised given the subsidy reports that have fertiliser stocks like Chambal Fertilisers rising. Let me be real, I’ve been saying this for a while now, stop chasing the Nifty IT index, it’s down again today, and start looking at the broader market. The rally in Sensex to 74,574 levels is a clear indication of the market’s bullish mood.