Positive global cues led to the Indian market closing higher, with the S&P BSE Sensex gaining over 100 points and the Nifty50 closing above 18300 levels. The auto, banking, and FMCG sectors saw buying, while power, oil & gas, and utility stocks saw selling. Zensar Technologies and Glenmark Pharma are among the stocks that witnessed a surge in prices, and Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd., recommended buying these two stocks. Gour also recommended buying Tata Motors, which has been consolidating over the past 1.5 years.
Wakefit IPO: Check GMP, price band, review, subscription and other details
Wakefit Innovations, known for its mattresses, is launching its IPO with a positive grey market outlook. The company is raising over Rs 1,200 crore. Despite