Markets rise as Nifty surpasses 22,900
Markets have seen a strong performance, gaining for the third straight day. The Nifty index crossed the 22,900 mark and moved above its 40-day moving average. This positive trend was supported by strong contributions from major companies, especially financial institutions and Reliance Industries. Despite this rally, traders are cautious. The Nifty is set for its weekly expiry today, which could bring volatility in the market. Global signals are promising, as US markets closed higher after the Federal Reserve decided to keep interest rates unchanged and hinted at possible cuts later this year. Asian markets also opened higher, reflecting the gains on Wall Street. Investors should pay attention to stocks like Hyundai Motor, Vedanta, and Trent during today’s trading session.