SGX Nifty at 18,830 indicates a marginal gain for Sensex and Nifty, as Nifty futures on Tuesday on the NSE closed at 18,777. Analysts expect the market to sustain the rally, thanks to global sentiment. According to analysts, Indian markets will align with global movements in the short term, as there is no domestic trigger. However, minor corrections in the upcoming weeks cannot be ruled out.”Nifty @ 19,000Technical analysts expect the Nifty will hit 19,000 soon. Comfortable writing was seen in 18,700 and 18,600 strike put options suggesting the dips are unlikely to be steep and any fall towards 18,600 can see fresh buying in Nifty index,” said Gaurav Bissa, VP - InCred Equities

Source: The Hindu June 14, 2023 11:38 UTC