Positive cues from the US and Asian markets boost Indian stock market sentiment

The Nifty ends above 26,000, while the Sensex settles over 85,000 in the ongoing rally;

IT companies' stocks suffered significant losses in the early phase of the morning session.

Federal Reserve's rate-cut decision is expected tomorrow night, which could impact future market movements; India's inflation and trade data are expected today

Nifty technical outlook based on the market closing on Monday, September 16

After opening with modest gains, the market indices gradually climbed to record levels

The gains can be attributed to value buying in select heavyweight stocks.

Concerns over the profitability of Indian banks, including public-sector banks.

`The markets have been hitting new highs in the recent upsurge; investors are now a bit sceptical about taking further bullish bets.'

While the main indices dipped, mid-cap and small-cap indices saw an uptick.