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Sensex ends over 600 points with Nifty scaling above 21,700-levels as investors anticipate the outcome of the US Fed meeting and tomorrow s Interim Budget. Rally led by bank stocks and Reliance Industries. Broad-based buying seen across auto, realty, and healthcare stocks. Smallcap index outperforms with a 2% rally.
Top Gainers and Losers Today : The Sensex gained 92.47 points, or 0.14, to settle at 65930.77, while the Nifty gained 28.45 points, or 0.14, to close at 19783.4.
Technically, the markets needed a correction, and it appears that in the upcoming week, the support zone between 19,100 and 19,200 would be important to watch out for Nifty. A zone of resistance would continue to exist between 19,500 and 19,600 on the upswing. Being ready for a turbulent trading week, especially with the technical indicators also pointing in that direction.