New Delhi, Oct. 10 -- After clocking a healthy gain of 0.54 per cent in the previous session, the Indian stock market benchmark Nifty 50 rose 0.40 per cent to hit an intraday high of 25,285 in intraday trade on Friday, October 10, despite weak global cues.
The gains in the benchmark index were led by select banking heavyweights, including SBI, HDFC Bank and Axis Bank. The Nifty Bank index rose more than half a per cent during the session.
Experts expect the market to extend gains, potentially reaching the levels of 25,650 in the near term.
"After three days of consolidation, indications now suggest potential trend resumption. However, a decisive breakout above 25,200 would confirm the move, with upside targets seen at 25,400 and 25,650...
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