Stocks that were in focus included names like PNB, which rose 1.33%, PB Fintech, which fell 2.15%, and Deepak Nitrite, whose shares declined 1.33% on Friday.
Based on the OI percentage, 62 stocks were on the short-covering list. These include SAIL, Hindustan Copper, GMR Airports Infrastructure, Hero MotoCorp, and L&T Finance Holdings.
Having surged substantially over the past year, stocks of companies in the railways space still have ample steam left to keep growing over the next few years - Issue Date: Dec 10, 2023
The market is likely to get into some momentum after the rangebound trade seen in previous seven trading sessions, by taking cues from several global and domestic factors, experts said.
If the said level get decisively broken on the higher side, then 19,500-19,600 can t be ruled out, whereas on the lower side, 19,000-18,900 is likely to be a key support zone, experts said