On March 2, the NSE Nifty 50 index reached a new all-time peak of 22,420, while the BSE Sensex surged to 73,982 during a special trading session. Both indices closed the first session with marginal gains of around 0.2 percent compared to the previous day’s close, with the Nifty at 22,395 and the Sensex at 77,860 by 10 am.
The Nifty Midcap 150 and Nifty Smallcap 100 indices also saw an uptrend, rising over 0.6 percent to conclude the first session at 18,083 and 15,159 points, respectively.
Despite expectations of low trading volumes during the special session, called to test the exchanges’ disaster recovery switch, analysts maintain a positive outlook on the market.
On March 1, the Nifty closed at an all-time high of 22,339, buoyed by positive responses to the GDP data.