New Delhi, Dec. 12 -- Breakout stocks to buy or sell: The Indian market ended its three-day losing streak with solid gains on Thursday, December 11. The rally followed a 25-basis-point rate cut by the US Federal Reserve, along with guidance for another cut next year, which pushed the dollar index down 0.25% and pulled the US 10-year Treasury yield to 4.12%.
The Sensex climbed 427 points (0.51%) to close at 84,818.13, while the Nifty 50 advanced 141 points (0.55%) to finish at 25,898.55. Broader markets also participated in the uptrend, with the BSE Midcap index rising 0.79% and the Smallcap index gaining 0.51%.
Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment has improved as the Nifty...
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