Indian equity indices opened Tuesday’s trading session on a higher note. The NSE Nifty 50 opened 31 points or 0.12% higher at 25,109. The BSE Sensex opened 125 points or 0.15% higher at 81,915.

The Bank Nifty opened 59 points or 0.11% higher at 56,164. Similarly, the small and midcap stocks opened the day higher. The Nifty Midcap rose 100 points or 0.17% to open at 58,115.

On Monday, Nifty 50 decisively closed above 25,000. Today, it is likely to test 25,200-25,250 in the immediate near term. “The chart of the day was the Banknifty index that witnessed a bullish breakout from an Inverted Head and Shoulder formation on the daily chart and seems all set to test 57,000-57,500 spot levels in the immediate near term,” said Vipin Kumar, Assistant Vice President of Technical and Derivativ

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