The NSE 50-share benchmark index Nifty50 staged a comeback in late morning deals and extended rally to move near 10,400 levels. Yesterday, it opened at the level of 10,209.55 from its previous closing level of 10,198.40. After surging during the session, it closed 188.20 points higher at 10,386.60.
During its trading session, it touched an intraday high of 10,396.00. Strong global cues and buying in technology, banking & financials and FMCG stocks boosted sentiment.
Hence, the index almost recovered all the losses made in last weak and formed a bullish candle in daily candlestick charts.
Taking cues from global sentiment and previous trading session, it is expected to see a flat to the positive opening in today’s session.