The index formed a white candle on the daily chart and closed above
the previous day's close; this pattern indicates the possibility of continuing the uptrend.
The stock market will operate on Raksha Bandhan on Monday, August 19. Despite the festival, both the BSE and the NSE will be open for trading. Check the holiday list here.
Analysts predict that Indian markets could mirror the bloodbath in Western and Asian markets; profit-taking pressure is expected, but the 25,000 target for Nifty remains within reach.