Nifty above 22,700, Sensex hits 75,100 mark for first time

Mumbai :
The benchmark equity indices opened Tuesday’s trading session in the positive territory. The NSE Nifty 50 opens up by 98.80 points or 0.44% at 22,765.10, while the BSE Sensex gains 381.78 points or 0.51% to 75,124.28 in the opening trade. The broader indices opened in positive territory. Bank Nifty index opens higher by 229.10 points or 0.47% to settle at 48,810.80.

meanwhile, Spring festival Gudi Padwa 2024 will be celebrated across Maharashtra, Goa and other parts of India, on Tuesday, April 9. The ongoing month will see two trading holidays. As per the list of holidays on stock exchanges BSE and NSE, while the currency derivatives segment will be shut tomorrow on account of Gudi Padwa, it would be a business as usual for equity bourses. 

On Monday, the BSE Sensex settled the day at 74,742.50, up 494.28 points or 0.67 per cent. Nifty advanced 152.60 points or 0.68 per cent to close at 22,666.30. 

Traders are advised to exercise caution with aggressive long positions at higher levels and consider profit-taking strategies, said Rajesh Bhosale, Technical Analyst at Angel One. This analyst sees immediate support for Nifty at 22,500-22,450.