ONGC (up by 5.18%), SBI Life (up by 2.95%),
All broad market indices closed the day in green, with
Out of the 2,835 stocks traded during the day, 1,499 saw advances while 1,254 stocks saw declines. 20 stocks hit their 52-week high, while 20 stocks also hit their 52-week low price. 115 stocks hit the upper circuit during the day, while 92 stocks hit the lower circuit as well.
"Technically, after a gap up opening, market held the positive momentum throughout the day. Breakout continuation formation on intraday charts indicating further uptrend from the current levels.For the trend following traders now, 24,500/80,500 would be the key support level. Above the same, the market could continue uptrend momentum till 24,650-24,700/81,000-81,200. On the flip side, below 24,500/80,500 uptrend would be vulnerable", he continued.
Aditya Gaggar, director of Progressive Shares, defines the day's trade as lackluster. "Barring IT, all other sectors ended the day in green with PSU bank being the top gainer followed by media. Mid and small caps advanced over 0.50% and outperformed the frontline index. The downside seems to be protected at 24,400 while on the higher side level of 24,740 will serve as an immediate hurdle", he notes.