Indian equities began the week on a firm footing, with benchmark indices extending gains amid improving global sentiment. Optimism surrounding an Iran-US peace framework, softer crude oil prices and supportive global cues helped lift the Sensex and Nifty by nearly 1% each.
Technically, the 24,000 mark remains a key near-term hurdle and an important psychological level for the index. A decisive move above this threshold could strengthen bullish momentum and open the door for a further rally towards the 24,200-24,400 zone, which is seen as the next major resistance area.
