The Nifty on Thursday reclaimed the 10,000-mark, an important psychological milestone, as shares rallied despite lukewarm global cues. The benchmarks rallied after there were no signs of further escalation in conflict between India and China. The benchmark Sensex rose 700.13 points, or 2.09%, to close at 34,208.05, while the broader Nifty was up by 2.13%, or 210.5 points, to close at 10,091.65.
Thursday’s weekly expiry saw the equity markets rise on strong volumes with the futures and options segment witnessing volumes worth Rs 33.8 lakh crore, data from NSE showed. This is against the six month average of Rs 13.9 lakh crore. The India volatility index (VIX) declined to close at 31.58 against Wednesday’s close of 33.35.
Nifty Outlook: Nifty50 closed higher at 10091.65 level, +210.50 points, or +2.13 per cent. Today Nifty Support : 10000 and 9950 Resistance : 10150 and 10200.
