Indian Stock Markets Open Higher Amid Holiday Trading

Mumbai, March 19 (TNA) Indian stock markets opened positively on Thursday, despite Gudi Padwa being a regional holiday in Maharashtra, with BSE Sensex and NSE Nifty advancing in early trade on mixed global cues. Building on yesterday’s gains, where Sensex closed up 633 points at 76,704 and Nifty at 23,778 above the 23,700 mark, pre-market GIFT Nifty signals suggested a steady start around 23,790, driven by IT, auto, and realty sectors.

Equity trading sessions proceeded normally from 9:15 AM to 3:30 PM as Gudi Padwa is not an equity holiday, though NSE clearing was closed, delaying settlements to March 20.

Top performers from March 18, like Jio Financial, Tech Mahindra, and Infosys, continued momentum, while FMCG and metals lagged; analysts predict Nifty support at 23,700 with resistance near 23,900 amid rupee weakness. Investors remained cautious ahead of key economic data, focusing on Bank Nifty levels above 51,000.