FIRST TRADE: Sensex, Nifty gain for tenth session in a row; Nifty up at 25,023
Tracking weak global cues, Indian equities continued their rally for the tenth straight day.
FIRST TRADE: Indian equity benchmarks tracking mixed global cues continued their winning run for the tenth consecutive session. Nifty at the open was up marginally by 0.02 per cent at 25,023.4, while Sensex was up by a marginal 0.03 per cent or 28.46 points at 81,740.22. Meanwhile, Bank Nifty also traded in the negative, while the Nifty Midcap 100 index marked a new high in early trade today.
Nvidia earnings due to be released today will be widely tracked and any negative result will disrupt AI-related stocks back in domestic markets too.
Prashanth Tapse, Senior VP (Research), Mehta Equities said, "The Nifty is approaching its all-time high of 25,078.30, and our outlook remains bullish, anticipating a move into uncharted territory. Key support lies at 24,750, and surpassing 25,078.30 could trigger further upward revisions."
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