New Delhi, Dec. 15 -- The Indian equity market closed higher on 12 December, with the Nifty 50 adding 148.40 points or 0.57% to settle at 26,047, continuing the positive sentiment seen in recent sessions. Broad markets were supported by strength in cyclical and commodity‑linked sectors, even as some defensive names witnessed profit booking, reflecting a rotational strength in investor positioning.

Why it's recommended: Hindalco is maintaining a strong uptrend with steadily higher highs and higher lows, supported by continued strength in the metals sector. The stock is witnessing sustained accumulation after a decisive breakout. The daily RSI at 67 reflects strong bullish momentum without entering extreme overbought territory. The M...