New Delhi, May 26 -- The Indian stock market witnessed a robust rally on Friday, buoyed by positive global cues, with benchmark indices posting gains of over half a percent each. The BSE Sensex crossed the 82,000-mark, while the Nifty 50 reclaimed the 25,000 level in intraday trade.

The uptrend was broad-based, with the Nifty Midcap 100 rising 0.5% and the Nifty Smallcap 100 adding 0.4%. The Bank Nifty index also exhibited strong momentum, climbing above the 55,800 level during the session.

Analysts maintain a sideways to bullish outlook for the Indian stock market in the near term. The Nifty 50 is expected to face its next major resistance at 25,200. Below is a detailed technical outlook for the Nifty 50 and Bank Nifty indices for the ...