When it comes to Nifty, the next important level to watch on the upside for the Nifty is 25,017, which is the 50% retracement of the fall seen from the September 18 high of 25,448 to the September 30 low of 24,587.
When we look at the Nifty Bank has also surged by over 350 points, furthering and solidifying its position at the 55,000 mark.
Most analysts have given a "subscribe for long-term" rating on the issue. Today is also the Supreme Court hearing for Vodafone Idea, while WeWork's IPO enters Day 2.
Some of the biggest gainers among the Nifty 500 stocks include Aditya Birla Lifestyle, Poonawalla Fincorp, BSE, Fortis, Delhivery, along with others.
Watch this space for all the live updates.