The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,540 level, a discount of nearly 7 points from the Nifty futures’ previous close.

Top gainers on the Nifty were HDFC Life, HDFC Bank, Apollo Hospitals, NTPC, Bajaj Finserv, while losers are Bharti Airtel, Cipla, Bajaj Auto, Tata Motors, Adani Ports.

Nifty 50 jumped 0.70 per cent to the level of 24,445.80, breaking above its 50 and 100-day exponential moving averages (DEMA). The index has surpassed previous resistance levels.

Sensex Today | Stock Market LIVE Updates | Domestic markets bounced back sharply on Friday with indices closing with a second consecutive week of gains. In trade, markets will be reacting to the weak Q2 GDP data,

Understanding Nifty, Nifty Futures, and Options in Indian Stock Market By Irshad Mushtaq The Nifty, short for the National Stock

The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading around 24,435 level, a premium of nearly 7 points from the Nifty futures’ previous close.

The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday.

Indian equity benchmark indices extended their winning streak with three consecutive days of gains, driven by positive global cues and a cautious buying interest from investors (FIIs).