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Just in 11 sessions of this new year 2024, the benchmark Nifty surpassed 22,000 while Sensex crossed the 73,000 mark for the first time ever on January 15. ....
The robust momentum observed in the Indian benchmark indices on Friday continues into Monday s trading session, with both Nifty 50 and Sensex reaching new record highs. ....
Nifty has rallied from 18,850 to 21,593 in the last two months. After this 2,700-point rally, the index closed with a indecisive candlestick last week. FII index longs have reached 65.5% level, which is near the upper range. Nifty is likely to trade volatile in the 20,950-21,600 range in the coming weeks. ....