Indian stocks SENSEX and NIFTY started at a high.

On Thursday, BSE SENSEX rose to 81,772, up 249 points (0.3%) from the morning's decline, following the rise of Wall Street's tech-driven rally.

The inflation rate in August is expected to be 3.55%, which is almost unchanged from 3.54% in July, the lowest level in five years.

NIFTY50 rose 0.4% to cross 25,000, supported by an inflow of funds from overseas.

As mentioned in yesterday's post, NIFTY50 has been moving in a range of 25,180-24,920, and it is a movement that tries to determine which direction to break. It is a price movement within a triangle that converges around the 19th, and if it can pass above the Fibonacci's 23.6% level of 25,070, it is expected to lead to a breakout to the upside of the range.

Nifty Healthcare led the gains, followed by durable goods, pharmaceuticals, automobiles, and metals.

Top gainers were Bajaj Auto (2.4%), Adani Ports (2.1%), Kotak Bank (1.7%), Shriram Finance (1.7%), and Wipro (1.4%).