Indian markets currently operate on a T+1 settlement cycle for all stocks currently, which means that the purchase and sale of shares will reflect in the demat accounts of investors one day after the transaction.
Given the shortened trading week, coupled with the monthly derivatives expiry and upcoming global economic data, analyst advised investors to adopt a cautious wait-and-watch stance in the near term.
Stock Market Live Updates: Stock Market Live Updates: Check top gainers and losers
Share Market Live Updates: Heavyweights like Reliance Industries, Maruti, NTPC, Tata Motors, Axis Bank, Bajaj Finance, Hindustan Unilever and Larsen & Toubro were the major gainers in from the Sensex basket. Infosys, Wipro, IndusInd Bank and Nestle were among the laggards.