The Benchmark BSE Sensex surged by nearly 592 points; Nifty reclaimed 25,000 on Monday, bolstered by a firm global market trend. Key stocks in focus included HDFC AMC, HCL Tech, and Sterling and Wilson, with significant movements and promising technical indicators suggesting further upside potential.
Tech view: Nifty faces resistance from short-term moving averages, forms small negative candle. How to trade tomorrow
After acting as support for months, the 10 and 20-day exponential moving averages (EMAs) have recently been breached. These EMAs now pose resistance around 25,150-25,200,