Live: Dow Hits 40,000 Milestone; Will Nifty Extend Rally? PB Fintech Block Deal Today | Opening Bell

Indian equity market saw a last hour pop that sent the Nifty above the 22,400 mark. Considering the solid recovery from the day's low in the last hour of trade as well as decisively surpassing 22,300 levels on May 16, the market seems to have turned strong after a day of consolidation. The Nifty 50 is likely to be headed towards 22,500-22,600 levels provided 22,300 acts as a support in the coming sessions, experts said. Overnight, Wall Street ended off session highs but the Dow hit the 40,000 milestone for the first time in intra-day trade. The GIFT Nifty, meanwhile, is hinting at a muted but positive start for the Indian market. Among stocks in news watch out for Vedanta, PB Fintech and Biocon among others. Catch Nandita Khemka decode the cues for trade with Jay Thakkar, Head Derivatives and Quant Research, ICICI Securities and Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies LLP.
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