Among the stocks that are expected to perform better during the week are Cummins, PNB, Divis Lab, Siemens, Cochin Shipyard, Lemon Tree, Axis Bank, and Bharti Airtel
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A pullback in the near term is expected, but it would be a counter-trend rally. Once the pullback is complete, the Nifty index should drift lower to the 20-week average
The Indian markets continued its upward momentum despite a mixed global equity market. The uptrend can likely continue until Nifty does not confirm a reversal on price action