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Nifty Continues Ascent for Third Day, Faces 23,800 Hurdle on March 19 Towards 24,000
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Nifty Extends Gains for 3rd Day; 23,800 Hurdle Towards 24,000
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CNBC TV18
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19-03-2026, 06:50
Nifty Extends Gains for 3rd Day; 23,800 Hurdle Towards 24,000
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Nifty 50 index closed 196 points higher at 23,777, marking its third consecutive session of gains despite late profit booking.
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Jio Financial, Eternal, Tech Mahindra, and HCL Tech were top gainers; Cipla, Coal India, and Hindustan Unilever were laggards.
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Broader markets outperformed benchmarks, with Nifty Midcap 100 rising 2.02% and Nifty Smallcap 100 advancing 1.67%.
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Rupee under pressure due to strong dollar demand and foreign fund outflows; RBI intervened to curb volatility.
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Analysts expect Nifty to sustain upward momentum towards 24,000-24,200, with immediate support at 23,550.
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