Forget benchmark indices and focus on midcap and smallcap counters. Largecaps have lead the bulk of the surge on the Nifty and Sensex in the last two weeks. We believe the focus will shift to the otherside of the table soon as March quarter numbers likely to be inline with market expectations.
Paper stocks had a field day yesterday. Power and Capital goods sectors are the best bets.
Dalal Street might witness a flat trade as India Inc continues to relish the monumental win by Dhoni's team at Mohali yesterday. Global markets are trading positively as crude oil cools-off.