Positive setup was seen in stocks like Federal Bank, Metropolis, Granules, Wipro, M&M, Mphasis, Tata Communication, SBI Life, Concor, Alkem, Adani Ports, ACC, Maruti, TVS Motor, Ambuja Cement, HDFC AMC, etc. among others.
Nifty rally not sustainable on few big names, broader participation essential: Rahul Ghose of Hedged.in
The December weekly closing formed a neutral candle, reflecting indecisiveness in the market due to the holiday season. Short-term support is around 23,200–23,300, with potential