BSE Sensex and Nifty 50 were trading nearly 1.5 per cent up on Thursday, a day of weekly F&O expiry, on the back of buying index heavyweights such as Reliance Industries Ltd (RIL)
Start nibbling at high quality stocks which have corrected disproportionately, says V K Vijayakumar, chief investment strategist at Geojit Financial Services
Rajesh Palviya of Axis Securities feels if the NIfty50 breaks below the 17,350 level, it would witness selling which would take the index towards 17,250-17,200.