Markets extended their winning streak on Monday, supported by encouraging quarterly business updates. Technically, analysts say the Nifty has further strengthened its bullish structure by surpassing the crucial hurdle of the 200-day EMA around the 24,421 mark. The index now appears well-positioned to inch towards the 24,600 level, which coincides with the previous swing high, and a decisive breakout above this zone could open the door for a move towards the 25,000 mark.
In today's trade, shares of RIL, Trent, Titan, Cochin Shipyard, Nestle among others will be in focus due to various news developments.
