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Despite signs of fatigue, market breadth shows bulls have upper hand

Every minor correction may see addition of long positions, say experts

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Market breadth favor bulls

Avdhut Bagkar Mumbai

3 min read Last Updated : Jun 02 2023 | 11:42 AM IST

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The previous two sessions have seen benchmark indices, the BSE Sensex and Nifty presenting signs of fatigue, reaching closer to its all-time highs level. Both indices are down approximately 1 per cent from recent highs and 2 per cent away from reaching a new peak. This has led to confusion on the street about its ability to reach another milestone.

The present bullish trend in the leading indices; which has displayed smart recovery since late March this year, remains intact as the market breadth continues to stay elevated. Both indices are up over 2 per cent so far since the

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