Despite a small negative candle for the second consecutive session, analysts suggest this could signal a continuation of the uptrend. Open interest data also supports this view, with higher call OI at 25,400 and 25,500 strikes.
Ahead of Market: 10 things that will decide stock market action on Thursday
The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal