Nifty outlook & stock ideas by Sameet Chavan: Buy Cigniti Tech, SBI Life

Considering the recent market behaviour, it is pretty clear that the bulls are not willing to loosen their firm grip so easily

Nifty started last week on a positive note and witnessed momentum to reclaim the 17,700 mark with ease. On Tuesday, the global markets were a bit nervous, but still, we managed to shrug off the negativity and rallied higher to surpass the 17,800 mark. However, one day ahead of the weekly expiry, our markets finally reacted to the global weakness. The index consolidated throughout the first half but witnessed a sharp rebound post mid-session to end the day tad above 17,600. The opening on the expiry day was absolutely a shocker for the bears as the shaky global markets recovered overnight and remained