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I think the broader market is in a way is a recipient of incremental FII flows which typically as you rightly said goes into the frontline stock but I think now there is a quest to look at the second line large cap or large-mid-cap kind of stocks where we are seeing perhaps more flows coming in.

It is purely the dominance of the sector. That is all I can say at this point in time. I definitely do agree with you that the valuation is slightly on the higher side but definitely as we have seen, when D-Mart grew their dominance took the trade to stratospheric levels and from there when the slowdown came, the stock got hammered down but right now, Trent is in a very sweet spot.

Yes, I think there is a lot of good fundamentals that are there in place. We are having much cleaner balance sheets for corporates, also for banks. There is a lot of capex that is coming in from the government.

​ In Aggressive Long Cover, cumulative open interest and price of stocks usually decrease whereas their average traded and delivered quantity for 5 days increase. ​

Indian stock markets surged to a six-month high with Sensex rising 400 points and Nifty crossing the 18,700 mark as it reacted positively to macro data and strong global trends. The FMCG sector rose 1.38%, while consumer durables climbed 1.8%. Real estate, too, showed a jump of 2.94%. Stocks such as MRF and Olectra Greentech were among those in focus. Experts at SSJ Finance & Securities recommend buying at the current level and dips of INR 97,000 for MRF and Olectra Greentech, with resistance around INR 940 and selling at INR 201 for ZEE.

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

In the Nifty200 pack, 12 stocks crossed their previous 5-year high value at the close on June 13, suggesting bullishness in counters.

We believe the markets have factored many negatives like lower rainfall expectations, higher inflation, and interest rates, the US recession & banking collapse, Crude supply cuts, and the Russia-Ukraine war.

​ISM manufacturing is already at 46, i.e. in contraction zone. So the key focus for US is going to be to avoid a recession, or if there is a recession, then keep it shallow. And that is where the Fed is going to be focused.