Barring few wrinkles, the bourses have been steadily moving up and Deven Choksey of KR Choksey Securities feels that it is definitely planning for a new high and that is where he sees larger amount of actions coming into the some of the frontline stocks. “We will soon touch 6,300-6,400 very soon. The market has the appetite for buying some of the heavyweight stocks. You should be seeing more actions there.”
Midcap stocks too may lead participation. “Probably between 6,300-6,400 you would have majority of the upside completed in some of the index heavy constitutes and thereafter you should probably seeing those funds which are sitting on sidelines starting to pick up in some of the midcap stocks”
