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In the past week, the market experienced some turbulence, particularly on Wednesday when a significant dip was observed, impacting small- and mid-cap stocks. Approximately 668 stocks suffered a decline of more than 4.5%.
UltraTech Cement to acquire 26% stake in Clean Max Terra
On Thursday, 2669 stocks advanced, 1106 declined and 121 remained unchanged, with an advance decline ratio of 2.41 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.
The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, dropped sharply to 0.68 on December 20, from 1.13 levels in the previous session. This indicates increase in bullish sentiment