However, broader markets underperformed the headline indices.
Sectorally, media and realty emerged as top gainers, each gaining over 1%, while the metal pack was the day’s top loser.
“The short-term outlook remains feeble, given that the index concluded the session below the vital short-term moving average (21-EMA). The Relative Strength Index (RSI) displays a bearish crossover, further intensifying the pessimistic sentiment. The prevailing trend will lack vigor as long as it remains below 19,521, where the 21-EMA is located. The initial support level is pegged at 19,250,” said Rupak De, Senior Technical Analyst at LKP Securities.
Here are the stock recommendations for Thursday: