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The biggest gainers on the Nifty included Hindalco Industries, UltraTech Cement, Bajaj Auto, JSW Steel and Tata Motors, while losers were ONGC, NTPC, Adani Enterprises, UPL and Adani Ports.
As the Indian benchmark indices extended their winning streak to the third session, analysts attribute the strong momentum to the underlying bullish sentiment among investors.
Analysts expect limited downside pressure on the Nifty 50 as the year end approaches.
Biggest Nifty gainers were Divis Laboratories, Hero MotoCorp, Adani Enterprises, Hindalco and NTPC, while losers were Bajaj Finance, Bajaj Finserv, Infosys, TCS and Tata Motors
Analysts anticipate strong market momentum to continue but also advise investors to exhibit caution as Nifty 50 approaches higher levels.
The market is projected to stay range bound in the final week of the current calendar year, with the Nifty 50 encountering resistance in the 21,500-21,600 range, according to analysts.