Blue chip demand to help Sensex scale new peaks

After hitting new life-high levels in the previous week, the Sensex and Nifty are expected to continue their northward movement this week on the back of strong buying in blue chips while mid and small-cap stocks could see some correction in the holiday-shortened week. In the previous week, the Sensex on Saturday (in a special sessions) closed just a tad off the 74K mark, at 73,806 points, while Nifty was at 22,378 points.

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