Benchmark indices like Nifty and broader markets are moving slow but steady, with Nifty making new highs almost every week. The rally is expected to continue or sustain, with a possible 200-300 point correction providing buy-on-dips opportunities. Blue chip companies are particularly participating in this rally BHEL is a top pick, showing good momentum and potential for a fresh rally. Canara Bank stands out among PSU banks, with positive momentum indicators and targets of Rs 495 and 510.
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