Indian equities closed on a strong note, with the Nifty gaining 1% and IT, auto, and PSU banks leading the market. Analysts attribute the positive momentum to strong inflows from foreign institutional investors, positive developments in the HDFC merger, and a narrowing current account deficit. Globally, investor confidence was boosted by positive economic data from the US and successful bank stress tests. Key support zones for the market are at 19,050 and 19,000, while resistance areas are at 19,300-19,400. The Bank Nifty is likely to continue its breakout trend as long as it stays above 44,300.