The market breadth was positive, with more than two stocks gaining for every one decline.
Many stocks which opened with a decline were able to recover during the day as there was no major adverse news flow. This is one factor which indicated that the underlying mood among investors was changing.
A good festive season would ensure that the 3Q numbers in January would be elevating. Perhaps the govt, more than anybody else, would be hoping that this turns out to be the case.
Top losers in the Sensex pack included Bajaj Finance, ONGC, NTPC, Hero MotoCorp and Maruti, falling up to 8.18 per cent. Yes Bank, HCL Tech and TCS, however, bucked the downtrend by rising up to 5.56 per cent.
In this file image, Punjab Cabinet Minister of Tourism and Cultural Affairs Charanjit Singh Channi addresses the foundation stone laying ceremony of a memorial for those killed in Jallianwala Bagh massacre, at Anand...PTI Photo
Congress supporters outside Governor's residence after Charanjit Singh Channi, was announced as the next CM of Punjab, in Chandigarh.PTI Photo
Former union minister and sitting MP Babul Supriyo during interaction with media, in the presence of TMC Rajyasabha MP Derek O'Brien (R) and TMC leader Saugata Roy (L) at a city hotel in Kolkata.PTI Photo/Swapan Mahapatra
UP Chief Minister Yogi Adityanath being garlanded on his visit to Dr. Ram Manohar Lohia Avadh University in Ayodhya.11
The Indian Coast Guard (ICG) team at Mandapam have seized two tonnes of banned sea cucumber.PTI Photo
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