The Benchmark indices today opened up higher in the morning . The S&P BSE Sensex was trading at 27,844, up 136 points, while the broader Nifty50 was ruling at 8,640, up 38 points.
Angel Broking as per the reports said It’s quite possible that we may see profit booking or breather in coming days, but traders shouldn’t expect any major reversal soon. The trend is quite strong and one should look to ride this tide. For the coming session, 8,560-8,500 would now be seen as a strong support zone; whereas on the higher side, a move towards 8,678-8,737 is clearly visible now,"
On 26 January, the market was closed for the Republic Day celebration.
Also Read: S&P BSE Sensex at 27,142 up 108 points, Nifty50 at 8,370, up 21 points