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sensex and nifty today: Sensex scales Mt 54K for first time: Key factors driving the market


How are the bluechips doing?
After opening in the green, benchmark indices moved further higher. At 1 pm, BSE flagship Sensex was up 437 points or 0.81 per cent to 54,261. NSE benchmark Nifty advanced 98 points or 0.60 per cent to 16,227
“Nifty finally hit an all-time high of 16,146 after consolidating for 62 days. As per F&O data, short covering rally can trigger the momentum towards 16,389-16,418 zone. The risk to this breakout is negative divergence on Relative Strength Indicator (RSI) on weekly charts, which cannot be overlooked,” said Brijesh Bhatia ,Senior Research Analyst Equitymaster.
In the 50-share pack Nifty, Tata Steel was the biggest gainer, up 2.23 per cent. HDFC, Shree Cement, Coal India, ICICI Bank, Adani Ports, JSW Steel and Dr Reddy’s Labs were among other gainers. ....

Brijesh Bhatia , Sun Pharma , Godrej Agrovet , Investment Strategist At Geojit Financial Services , Dr Reddy Labs , Senior Research Analyst Equitymaster , Oberoi Realty , Chief Investment Strategist , Geojit Financial , Relative Strength Indicator , Senior Research Analyst , Shree Cement , Coal India , Adani Ports , Tata Consumer , Nestle India , Ultratech Cement , Nifty Midcap , Granules India , Blue Dart , Zee Entertainment , Vodafone Idea , ப்ரிஜேஷ் பாட்டியா , சூரியன் பார்மா , முதலீடு மூலோபாயவாதி இல் ஜியோஜித் நிதி சேவைகள் , டாக்டர் சிவப்பு ஆய்வகங்கள் ,