Buy or sell stocks: On account of strong global market cues, Indian stock market advanced for second straight session on Friday last week. Nifty 50 index gained 107 points and closed at 19,653 levels, BSE Sensex shot up 364 points and ended at 65,995 mark whereas Bank Nifty index finished 147 points higher at 44,360 levels.
Broad market indices rose in line with the Nifty even as the advance decline ratio advanced further to 1.88:1. Sumeet Bagadia, Executive Director at Choice Broking believes that Indian stock market sentiments have improved after the participation by broad market indices in Friday's rally.
Choice Broking expert maintained that for fresh bull trend on Dalal Street Nifty 50 index needs to breach 19,850 hurdle on closing basis. "Exciting news! Mint is now on WhatsApp Channels
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