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Below the Quote on Post-market comment by Mandar Bhojane, Research Analyst, Choice Broking 

Indian benchmark indices continued their record run for a second consecutive session on June 26, with Nifty crossing 23,850 for the first time ever, led by banks and heavyweights. At close, the Sensex was up 620.73 points or 0.80 percent at 78,674.25, and the Nifty was up 147.50 points or 0.62 percent at 23,868.80. The Nifty Bank index also hit a fresh record high as it went closer to 53,000.

Heavyweight Reliance and the banking counters led the rally, helping the index to extend its journey towards the north and end the session at a record level of 23,868.80 with gains of 147.50 points. Nifty on the daily chart formed three white soldiers, indicating a strong bullish trend, and may further go up to the 24,000 and 24,200 levels. On the flip side, 23,600 and 23,500 act as immediate support levels.

The India VIX, which measures market volatility, decreased by 14.0450 percent intraday, settling at 14.0450, indicating reduced market fear. Regarding the Open Interest (OI) data, on the call side, the highest OI was observed at the 24,000 and 24,200 strike prices. On the put side, the highest OI was at the 23,700 strike price.

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