Markets traded with a positive bias on Thursday, extending their winning streak for the fifth consecutive session amid supportive global cues. Analysts say, technically, the Nifty has surpassed another important hurdle -- its medium-term moving average, the 100-day EMA, near the 24,150 mark -- and now appears poised to inch towards the 24,500–24,600 zone. The ongoing buoyancy in banking majors, coupled with rotational buying across heavyweight stocks, continues to support the prevailing uptrend.
In today's trade, shares of TCS, Infosys, RIL, HDFC Bank, Waaree Renewable among others will be in focus due to various news developments.
