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Afzal Lokhandwala, market commentator, trader at FinTwit / Social Media, reports that every position he holds was acquired within the past 30 days and is currently performing well.
Lokhandwala states that this signals strength in the Indian market but notes that large-cap stocks have yet to participate in the rally. He suggests that broader market momentum could strengthen further when large-caps begin to trend.
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Lokhandwala previously observed the NIFTY500 reaching all-time highs and the NIFTY50 approaching its peak, emphasizing strong closes in recent sessions. He also commented that semiconductor stocks and major tech leaders may have peaked for now. These recent observations build on his ongoing focus on sector performance and index movements.