A weekly close below the same might reinforce the bears to drag the index much lower
Declining FII selling is likely to strengthen financials, particularly high-quality banking stocks
The three major US stock indices rebounded in Thursday's session. The Dow gained 617 points. The S&P 500 rose 1.4% & the Nasdaq Composite gained 0.8%.
Proficient Equities is bullish on Gujarat Fluorochemicals with a price target of Rs 2,488 per share.
Bulls had an upper hand in the market as 1,602 shares advanced compared to 651 declining and 71 remained unchanged
Globus Spirits won a tender floated by oil marketing companies (OMCs) for supplying 9.68 crore litre of Ethanol at Rs 52.92 per litre.
India's exports in November rose by 26.49% to $29.88 billion on account of growth in sectors such as engineering, petroleum, chemicals and others.
Finversify is bullish on L&T Technology Services with a price target of Rs 5,650 per share.
The GST collections for the month of November came in at Rs 1.31 lakh crore making it the second-highest since implementation
Nifty Metal index surged 1.22%, the Nifty Realty index jumped 1.16% and the Nifty Auto index rose 1.01%.