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The overall sentiment of the market remains positive but experts recommend buying technically and fundamentally sound stocks at the current juncture.
As manufacturing in India is quickly adapting new-age technologies, a Noida-based company is working to accelerate the adoption of Industry 4.0 in India.
Investors in India rode the sleigh of a dovish U.S. Federal Reserve, which hinted at three rate cuts in 2024, leading to a global surge in equities. On December 15, the Indian market joined the global rally, marking another session of bullish momentum.
Sensex rose 33.57 points to end the session at 69,584 and Nifty gained 20 points to end at 20,926.
Based on the OI percentage, 68 stocks were on the short-covering list. These include Birlasoft, Dr Reddy's Laboratories, United Spirits, Can Fin Homes and Alkem Laboratories