Sensex Today | Share Market Live Updates : Global cues, Gift Nifty firm up, indicating the bull run to continue today
Tata Motors, NLC India, M&M, JM Financial, Ceat, IGL, are some stocks likely to be in focus on Thursday, March 7.Sensex Today Live : The Indian stock market indices, Sensex and Nifty 50, are anticipated to commence trading on a positive note on Thursday, influenced by optimistic signals from international markets.On Wednesday, the local equity indices staged a strong comeback in the final trading hour, each closing over half a percent higher. This marked a milestone as the Sensex crossed the 74,000 threshold for the first time.The Sensex climbed 408.86 points to conclude at 74,085.99, while the Nifty 50 ended 117.75 points, or 0.53%, higher at 22,474.05.The Nifty 50 chart displayed a long bull candle with an extended lower shadow.
"This pattern technically signifies a bullish rising three method pattern, which is a trend continuation pattern. We can anticipate further upward movement in the upcoming sessions, with the next upside levels to monitor around 22,800 and immediate support at 22,300 - 22,250 levels," stated Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.
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