Rally was seen in power and utilities indices, which were up over 1% each, followed by gains in auto and metal stocks. Some profit taking was seen in banks, telecom and consumer durables.
Family offices of prominent industrialists and leading private equity funds, including Warburg Pincus, Bain Capital, and others, are considering acquiring a majority stake in Haier
Stock markets will be closed on December 25 for Christmas, and the next trading holiday is February 26 for Mahashivratri. The markets in the next
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