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Sensex, Nifty scale fresh highs, PSB, FMCG stocks lead the gains

The S&P BSE Sensex hit an all-time high of 71,623 and the NSE Nifty touched a record high of 21,505

IT sector: Investors should take a contra bet in IT sector: Dharmesh Shah

​Again, if you look at the market breadth where 70% of the stocks are now trading above the operating average that again gives us the confidence that the current breakout should not get fizzled out in months.

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