The Indian market is expected to trade higher following positive global cues. The Sensex rose more than 400 points while the Nifty50 closed above 18,800 levels. India VIX was down by 5.46%. Options data suggests a trading range between 18,700 to 18,950 zones. Nifty formed a bullish candle on the daily frame and has to hold above 18,777 zones to witness an up move towards 18,888 then 19,000 zones. Bank Nifty index formed a strong bullish candle as buying interest was seen across the banking space.
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Bajaj Chetak Premium Edition, offered in three different colours, has a redesigned, instrument console with a colour LCD instrument panel and upgraded quality materials.
The new unit will have a production capacity of 500,000 EVs per annum and is based in Akurdi (Pune), also the site of the original Chetak scooter factory that made Bajaj Auto a household name.
Sensex: IT, financials lift Sensex by 226 pts; Nifty closes tad below 16500 indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.