October has started off well for the large cap stocks as both Nifty & Nifty Bank have outperformed not only the small & midcap indices but many sector indices also. The Nifty gained almost 700 points during its 7 day rally till 9 October 2020 out of which more than 40 percent was contributed by HDFC Bank and HDFC. The top 5 stock contributed more than 75 percent of the total gain during the same time. There has been a disconnect between the market breadth and price movement. Watch the video to know more. Read from source….
The Disconnect Between Market Breadth & Price Movement
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