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We said, "Bias positive above 16890-900 ... last week's high of 16990-17000 would be an immediate challenge." Index not only gapped up above 16900, but also closed above last week's high, up 202 pts or 1.2%. While most sectors ended in Green, Realty Index out-performed with 3.4% gain. A/D ratio strengthened to 4:1.
ICICI direct.com