The Indian equity benchmarks plunged on Thursday, halting a four-day winning streak amid a massive surge in Covid-19 cases and hawkish stance by US Federal Reserve.
After The Bell: Nifty above 13,600, here’s what investors should do on Thursday
Unless the Nifty closes below 13,600, market trend shall continue to remain buoyant, say experts.
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Indian market closed in the green for the fourth day in a row on December 16, with the Nifty50 going past 13,600 and the S&P BSE Sensex rallying more than 400 points to hit a fresh high of 46,704.
The Sensex rose 403 points to close at 46,666, while the Nifty50 was up 114 points at 13,682.
On the broader markets front, the S&P BSE midcap index rose 0.8 percent, while the S&P BSE smallcap index closed with gains of 0.88 percent.