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Will Nifty be able to extend rally to 2nd straight day? | Titan, Tata Power in focus | Opening Bell

Indian benchmark indices Sensex and Nifty rebounded sharply yesterday led by banking stocks after US President Donald Trump paused tariffs on Canada and Mexico. Nifty hit one-month high and cruised above 23,700. Sensex too gained nearly 1,400 points and breached past 78,500. Experts now eye Nifty's resistance at 23,900 with support placed around 23,550. This morning global cues were strong. US markets ended higher overnight, while US futures fell on disappointing earnings from Alphabet. Asian markets also opened higher this morning, with Chinese markets edging up after its new year holiday. Among stocks, watch out for Asian Paints, Tata Power, and Titan in today's trading session. Catch Lovisha Darad in conversation with Kunal Rambhia—Fund Manager, The Streets (Technical) and Hemant Shah, Fund Manager at Seven Islands PMS.

first published: Feb 5, 2025 08:58 am