Live: Will Nifty bulls aim to break 25,250 after strong TCS Q2? | Opening Bell
The Nifty ended near the day’s high on Thursday, snapping a two-day selloff, with all sectoral indices closing in the green. Metals, IT, and Pharma stocks led the gains, pushing the IT index up nearly 5% so far this week. Sentiment in the sector was buoyed by TCS results that beat expectations on most fronts, while Infosys and Wipro ADRs also traded up to 1% higher in response. Meanwhile, the Bank Nifty held firmly above the 56,000 mark, maintaining its recent momentum. This morning, global cues were negative. US markets fell overnight with S&P 500 and NASDAQ retreating from their all-time highs, whereas Asia-Pacific markets also started largely lower this morning. Catch Lovisha Darad in conversation with Raja Venkatraman, Co-Founder NeoTrader & Trading Influencer and DR. VIKAS V. GUPTA, CEO & Chief investment Strategist at Omniscience Capital.
