Live: Will Nifty take a pause after 6 days of consecutive rally? | Opening Bell
Nifty extended its winning streak for the sixth consecutive session amid progress in US-India trade talks, even as broader markets outperformed the frontline indices. The Nifty IT index posted gains for the second straight day, while PSU banks and realty stocks also emerged as key gainers. However, the auto index continued to falter, slipping for the third session in a row. This morning, global cues were largely positive. Asian markets started the day on a positive note with Japanese Nikkei 225 notching new record highs as soft inflation data fueled rate cut hopes. Similarly, US markets ended at record highs overnight. Catch Lovisha Darad in conversation with Chandan Taparia, Senior Vice President, Head – Derivatives & Technical Research, Motilal Oswal and Ashutosh Mishra—Head-Research , Inst Equity, Ashika Stock Broking.