Taking Stock: Bulls make a comeback! Sensex regain 41k, Nifty nears 12,150

Bulls made a comeback on January 29 after two straight days of selling pushing the S&P BSE Sensex back above 41,000, while Nifty50 reclaimed 12,100 levels. It closed above its 50-Days EMA placed at 12,088 levels.

Thanks to the positive global cues and expectations of dovish commentary from the US Fed drove rally on D-Street ahead of F&O expiry due on January 30.