New Delhi, July 7 -- On Friday the Indian stock market opened on a positive note and managed to hold on to slight gains at the end of the day despite profit booking in several sectors. The session saw sectoral rotation and caution among investors after recent rallies.

The Nifty 50 ended with a mild gain of 55.70 points or 0.22% at 25,461.00. The BSE Sensex also closed slightly higher, up 193.42 points or 0.23%, at 83,432.89. Nifty Bank recovered from intraday lows and posted a small gain of 239.95 points or 0.42% to close at 57,031.90, supported by selective buying in financials.

Why it's recommended: Glenmark has made afresh lifetime high, signaling strong bullish sentiment and strength in price action. On the lower timeframes, the sto...