TRADERS’ CORNER: Banking major lends support for 5% rise; engineering stock makes base for 7% gain

After a strongly trending session on the day of expiry, the markets on Friday consolidated again in a narrow range while modestly extending their gains. The Nifty opened on a higher note and formed its day’s high in the early minutes of the trade. After that, it gradually gave up its gains but largely remained in a capped and measured range. Although it did slip into negative territory briefly, it recovered from that point. The headline index