Taking Stock: Nifty back above 10100 levels, but wait for a breakout above 10,176: Experts

Episode 2587,   Jun 05, 2020, 11:30 AM

Positive global cues helped bulls to push the benchmark indices above crucial resistance levels on Friday. The S&P BSE Sensex reclaimed 34000 while the Nifty50 is back above 10100 levels.

World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe’s stimulus boost, fuelling hopes for a global rebound, said a Reuters report.