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Key equity indices snapped an eight-session winning streak on Friday after scaling record highs during the week on positive global cues and softer crude oil prices. In the last week, Sensex rose 575 points to settle at 62,868, while its broader peer Nifty 50 ended just below the 18,700 level.

India's equity indices extended their record-breaking run on Tuesday as renewed strength in consumer and pharma shares gave fresh legs to the recent run-up. Gains were limited after the sixth straight day of upsides though analysts do not anticipate a sharp reversal in the recent bull run.

Morgan Stanley has set a target of 68,500 on the Sensex by December 2023, implying an upside of 9.6% from Monday's close of 62,504.80.

Earlier in May, Sebi had introduced credit risk based single issuer limits for debt ETFs/ Index Funds in order to effectively manage the risk associated with such investments

Based on the open interest future percentage, there are a total of 58 stocks in the short-covering list on Monday including Birlasoft, Atul, Max Financial Services, Hero MotoCorp, and L&T Technology Services.

Tirthankar Das, technical & derivatives analyst (retail), Ashika Stock Broking, expects the volatility index the India VIX, which sank to a 14-month low, to start inching up from December end

Domestic equities continued their positive move in the absence of any major global cues to close at a record high for the second consecutive day on Friday. The BSE Sensex ended 21 points higher at 62,294, while its broader peer Nifty 50 ended above the 18,550 level.

The Nifty is expected to move to a new all-time high of above 18,606 during the week, Nagaraj Shetti, Technical Research Analyst, HDFC Securities, has said

A new generation of Indian entrepreneurs are challenging themselves and the country to think differently about what the future of business could look like, TPG Capital's founding partner Jim Coulter told ET in an exclusive interview. This is one of the key reasons why India has emerged as one of the best-performing markets in the region, he said.

The key domestic indices may open in the green as minutes of the Federal Reserve's latest policy meeting showed U.S. central bankers are looking to soon moderate the pace of interest rate hikes. Options data indicates that the trading range for Nifty 50 remains at 18100-18400.

Stock Market News: Trends in the SGX Nifty indicate a positive opening for the broader index in India with a gain of 78 points.

Markets ended lower for the second consecutive session, with Nifty holding 18,300 levels. Broader markets, however, underperformed headline indices.

Based on the open interest future percentage, there were 86 stocks in which a short build-up was seen including ONGC, Polycab India, PVR, RBL Bank, and IndiaMART InterMESH.

Equity benchmark indices ended the trade in the positive territory on Wednesday, with the BSE Sensex closing at its fresh life-time high of 61,981, helped by buying in banking counters. After facing highs and lows during the day, the 30-share BSE Sensex finally ended 107.73 points or 0.17% higher at 61,980.72. The broader NSE Nifty ended marginally higher by 6.25 points or 0.03% to 18,409.65.

The less likely scenario is that the index breaks through at 18,600. If that happens, Nifty will head to 27,000, the market veteran tells Moneycontrol in an interview.