The Indian market rebounded after a previous drop, with the S&P BSE Sensex rising over 300 points and the Nifty50 closing above 19600 levels. Metal, healthcare, public sector, and oil & gas stocks saw buying activity, while IT stocks experienced selling. Eris Lifesciences, Aurobindo Pharma, and NTPC were highlighted as stocks to watch. Eris Lifesciences broke out of its consolidation zone, Aurobindo Pharma showed momentum with a breakout above the 5 and 10-day average, and NTPC demonstrated consistent upward movement with support at moving averages.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created