The breakout is particularly significant as the Nifty has moved above a nearly four-month consolidation range of around 1,532 points on the daily chart, suggesting the potential for further gains.
Prashant Kishor won the Bankipur Assembly bypoll by 19,246 votes in his electoral debut, ending the BJP's three-decade hold over one of its strongest seats in Patna.
These rules will apply to commercial banks, small finance banks, regional rural banks (RRBs), local area banks, payment banks and urban cooperative banks.
ICICI Securities highlighted opportunities across healthcare, consumer staples, housing finance and REITs, while maintaining a cautious stance on RailTel despite steady execution and a robust order book.