Mazagon Dock Shipbuilders, JSW Energy, NHPC, Coromandel International, Oil India, Indian Railway Finance Corporation, and Sona BLW Precision were the major gainers in the midcap space, rising 3-6%. In the smallcap segment, Zensar Technologies, Morepen Laboratories, PC Jeweller, Metropolis Healthcare, Arman Financial Services, HBL Power Systems, and Tarsons Products surged 5-10%.
In the broader market, the Nifty Midcap 100 index, which saw its biggest one-day fall in over a year on Wednesday, rebounded and rose 0.6%, while the BSE Smallcap index gained close to 1%. Mazagon Dock Shipbuilders, JSW Energy, NHPC, Coromandel International, and Oil India were the major gainers in the midcap space, rising 3-6%.
Mazagon said said it has signed a contract with the Acquisition wing of the Ministry of Defence for construction and delivery of six Next generation Offshore Patrol Vessels (NGOPVs)
The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, dropped sharply to 0.68 on December 20, from 1.13 levels in the previous session. This indicates increase in bullish sentiment