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• Jigar Patel, senior manager for equity research at Anand Rathi, predicts that Bank Nifty may break the October low in the next one or two months.
• He also believes that the Nifty IT index will surpass its September high soon, with heavyweights like TCS and Infosys contributing to its strength.
• Patel also expects another leg of a strong run in Larsen & Toubro and a potential up move in Hindustan Unilever in the coming weeks.