Sensex Today | Stock Market Highlights: Nifty closes above 25,000; Sensex closes with gains of 450 points
Ashish Kyal, Waves Strategy AdvisorsMarketIf you look at the overall, broader market, I think Nifty Bank has consolidated since it formed a high around 23rd April, and then from there onwards, for almost a month, it has been consolidating in a range, which is more like a time correction rather than a price correction. Prior to that, we saw a spectacular rise from 49,000-odd levels to 56,000 that was a very sharp move in just five days of time and a one-month correction. And that’s a very healthy sign, because...