Indian Equity Market Analysis and Updates

The S&P BSE Sensex opened on a positive note led by gains in auto, banks and capital goods sectors taking cues from global peers. The trade may turn choppy ahead of the December series expiry, say traders.

The bounce-back has indeed taken many market participants by surprise and many will thank their luck that stocks are moving up after recent jitters. FIIs seem to be selling in the cash segment but buying in Futures and Options. Short-covering led to a good pull-back and looks.

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