The mood is definitely bullish, and the swift advance from near 23,500 towards 24,300 has been quite overwhelming. The time for reacting to this volatile rise in a matter of a few days has been quite swift. Hence, we would advocate that we are entering a phase where there is a possibility that the factors that are aiding the positive market sentiment, like the cooling down of oil prices, AI rally taking a pause, and the onset of sector rotation, could blow some encouraging tailwinds in favour of the bullish camp.
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