A bronze bull statue stands at the entrance of the BSE building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
Definedge Solutions' Abhijit Phatak remains optimistic about a further rally in the Nifty, with the upside breakout “still having some legs”.Phatak, while speaking about near-term technical and derivative trends for stock markets with BloombergQuint, said he expects sectors like metals, including companies like Tata Steel Ltd., select financial stocks such as HDFC Ltd. and information technology firms to sustain the rally in the near...