Pre-Market-Snapshot - Dec 27,2022

 


Indian stocks made a roaring comeback on Monday erasing a large part of Friday's losses as bulls made a strong comeback. Sensex gained 721 points and Nifty added 208 points at close. Mid cap index gained 2.30% after getting hammered on Friday. All the major sectoral indices except Pharma names saw good rebound with banking names leading the charge on Dalal Street. US markets remained shut due to Christmas holiday giving bulls a breather from worries of shape of things to come for a day. 


Markets may continue to remain volatile on lower participation due to the holiday season. Participants may continue to watch for individual names for near term trade till the global news flows start to turn favorable and volatility reduces. Investors may continue to use the current uncertain period to build up long term portfolios.

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