Key Points
The S&P BSE Sensex ended 594.91 points higher at 64,958.69, while the NSE Nifty 50 settled 181.15 points higher at 19,411.75.. )..
Benchmark stock market indices gained sharply during Mondays trading session, supported by strong global cues and positive Q2 results...
Most of the sectoral indices ended the day on a positive note, with strong gains across Nifty Pharma, Nifty Metal and Nifty Realty stocks...
Aditya Gaggar, Director of Progressive Shares, said, Global positive factors supported the Indian equities to start the day on a strong note but due to lack of follow-through, the Index oscillated in a thin range...
By breaching its stiff hurdle of 19,200-19,250, Nifty50 has made a strong bullish candle on the daily chart and is now heading towards its next resistance zone of 19,450-19,500 while the zone of 19,270-19,310 will be considered as a strong support area, Gaggar noted...
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