Market most bullish in over a decade: All but one Nifty stocks top 200-DMA

Mumbai: The Indian stock market is in the midst of an unusual phase where 98 per cent of its bluechips are trading above a long-term trend indicator. Out of the 50 stocks on the benchmark Nifty, 49 were above their 200-Day Moving Average on Tuesday — a phenomenon not seen since September 2009 — underscoring the broadbased strength of the recent upmove that has helped the market reach new milestones.Tata Steel, Tata Motors, IndusInd Bank,