Indian equity markets are set to resume trading on Friday after a one-day suspension on Thursday, June 26, in observance of the Muharram holiday.
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) had halted activity across equity, derivatives, and currency segments for the day.
With trading restarting, market participants are focused on technical levels that have defined recent price action.
The Nifty index has maintained support levels ahead of the break, while the Nifty Bank index has traded within a consolidated range.
Analysts from Hindu Businessline’s BL Guru team note that the overall bias remains positive, with expectations for the Nifty to break through resistance and extend gains.
The resumption of trading follows a period of consolidation, with the broader market targeting a breakout above the 24,200 level.