On Thursday, domestic equity benchmarks in India extended their winning streak, with the Nifty index climbing 277 points (1.18%) to close at 23,689.60, and the BSE Sensex gaining 789.74 points (1.06%) to finish at 75,398.72. The surge was primarily driven by strong performance in banking, metal, and pharmaceutical sectors, despite ongoing pressure on IT stocks. Analysts, including Rupak De from LKP Securities, noted that the Nifty faced resistance near the 23,800 level, suggesting that a decisive breakout could lead to further gains towards 24,200. Conversely, failure to maintain above this level could invite selling pressure. In the U.S., the S&P 500 and Nasdaq reached record highs, bolstered by gains in technology stocks, particularly Nvidia, amidst concerns over inflation and geopolitical tensions. European markets also showed positive trends, with major indices like the UK's FTSE 100 and Germany's Dax recording gains. The market sentiment remains cautious, with analysts recommending a stock-specific approach due to the mixed signals from various sectors. Overall, 114 stocks achieved their 52-week highs while 53 hit lows, indicating a selective market performance.