Risk appetite improved after the Infosys, country's second-biggest software exporter, guided for better revenue outlook for fiscal 2014.
Mirroring the optimism, software exporters rose and remained top traded stocks on the index.
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But is this rally here to stay or should one exit before any correction?
Check out the trading strategies with Ranak Merchant, Technical Analyst - Strategies at Sushil Financial Services.
SmartInvestor : Markets have remained firm in the afternoon session. What are the key support and resistance levels for Nifty during intra-day?
Ranak Merchant : Intraday support zone 6030-6070, resistance 6142
SmartInvestor : IT index has once again outperformed the sectoral indices. What are your picks here?
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