Nifty, Sensex turned table, Nifty Bank was strong since morning.

 

Nifty, Sensex turned table, Nifty Bank was strong since morning.

Amidst a bullish sentiment, analysts maintain their optimism, projecting that Nifty could soon ascend to 22,700 within the upcoming sessions. 

During afternoon trade on March 6, equity benchmarks Sensex and Nifty rebounded from initial losses to reach record highs at 74,151 and 22,497, respectively, with support from private banking stocks. 

Retaining the prevailing bullish sentiment, analysts express
confidence in Nifty's potential to reach 22,700 in the near term. 

By the end of March 6, Sensex and Nifty closed 0.5 percent higher at 74,085 and 22,474, respectively. 

Additionally, India VIX, an indicator of volatility in the coming days, experienced a marginal decline of 0.4 percent, trading below 15.