Bank Nifty Jumps 0.8%

Nifty sectoral indices were trading with gains. Bank Nifty was up nearly 1%. Nifty Auto, Nifty IT, Nifty Media, Nifty Realty indices gained up to 1.5 per cent

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Nifty Trading Spot Band Between 17230-17650

Nifty Trading Spot: After 950 points rally injust five sessions, the index underwent minorprofit booking. We believe, temporary breather willmake market healthy and pavethe way to gradually head towards 17900 in February as it is 80% retracement of January 2022 decline (18350-16836).

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