Stocks including Zinka Logistics, Infosys, Afcons Infra, Tata Power, Raymond, Mphasis, SJVN, Protean eGov Technologies more will be in the spotlight on Friday, November 22.
The 30-share BSE Sensex pack surged 1,593 points to hit an all-time high of 83,116, while the broader NSE Nifty index moved 515 points higher to scale a lifetime peak of 25,433.
The Nifty index ended its 14-day winning streak, falling 0.32% to 25,198 due to global market concerns and U.S. economic uncertainty. Analysts suggest a "buy on dips" strategy while maintaining support at 25,000-25,100, with potential resistance at 25,300-25,500.
The NSE Nifty 50 and the BSE S&P Sensex settled little changed at 24,836.1 and 81,355.84 points, respectively. Both benchmarks had risen 0.4% to all-time highs earlier in the session.
Indian shares rose as central bank rates remained stable. Nifty and Sensex gained 0.8%. HDFC Bank performed well. Analysts expect a sideways market. US markets closed higher, while European stocks fell due to Fed comments. Nagaraj Shetty says "the near-term trend of Nifty remains positive and the ongoing range movement is suggesting the possibility of sharp swing movement on either side. Hence a range expansion could be watched around 22600 and 22300 levels on either side.
The 30-share pack BSE Sensex surged 305.09 points, or 0.42 per cent, to 73,095.22, while NSE's Nifty50 index jumped 76.30 points, or 0.34 per cent, to end at 22,198.35 for the day.
Experts are now hoping to see the rally to reach 22,500 in the coming sessions, with support at the psychological 22,000 mark and a crucial support at the 21,900 level