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S&P 500 futures rose, Japanese shares fluctuated between gains and losses in early trade, while Australias market fell. The dollar was softer against major peers, while the 10-year US Treasury yield advanced.
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The board will also consider a proposal on the appointment process for key management personnel at market infrastructure institutions such as stock exchanges and easing rules for foreign portfolio investors (FPIs).
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News and Media
On weekly chart, the index has formed a long bullish candle. The FII long-short ratio stands at 0.47, indicating short-covering by FIIs. The index has closed above the declining channel from its all-time high of 26,277 on weekly chart, signaling the potential for further upward movement towards 23,800 and 24,000.
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News and Media
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