October GST collection of Rs 1.3 lakh crore were the second-highest monthly collections since the introduction of the nationwide tax in 2017.
Bulls had a strong grip of the markets as 1,593 shares advanced while 536 declined and 114 remained unchanged.
Asian stocks are trading mixed as investors reacted to economic data that showed a mixed picture of Chinese manufacturing activity in October.
The Fed will begin its two-day policy meeting on November 2 and will announce its interest rate decision on 3 November 2021.
17,300 is the previous swing low and also the placement of the rising parabolic trend line on the daily chart.
"Private banks witnessed a fatigue week although the sector witnessed improvement in business along with better asset quality," said Vinod Nair.
Before subscribing, retail investors should analyse not just the potential listing gains, but also the fundamentals and valuations of the IPOs.
The Nifty PSU Bank index advanced 1.45%, followed by the Nifty Pharma index jumped 0.72% and the Nifty Media index rose 0.63%.
Morgan Stanley prefers consumer discretionary and financials while avoiding the technology and healthcare sectors.
Asian stocks are trading mixed as investors monitor stocks of Apple suppliers after the tech giant's revenue miss.