The present sentiment suggests a promising trajectory towards 21800-21850 for the Nifty. If it surpasses 21850, we might anticipate a further climb toward 22000, says Rupak De, Senior Technical Analyst at LKP Securities.
From the Sensex stocks, NTPC, Wipro, M&M, UltraTech Cement, and TCS opened in the green, while Nestle, Sun Pharma, Asian Paints, and IndusInd Bank opened in the red.
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The S&P BSE Utilities index rallied 20% and hit a fresh lifetime high of 4825.36 points during the month, whereas S&P BSE Power index surged more than 18% and scaled a fresh lifetime high of 5869.23 points.