Overall consolidation with negative bias ruled the market in 2015 but that may not continue in 2016, feel analysts.
Mumbai: The market staged strong comeback on Thursday after more than 1100 points fall on the Sensex in previous six consecutive sessions, driven by index heavyweights Reliance Industries, HDFC and Infosys.
The broader markets outperformed marginally. The 30-share BSE Sensex rose 216.27 points or 0.86 percent to 25252.32 and the 50-share NSE Nifty climbed 70.80 points or 0.93 per cent to 7683.30. The BSE Midcap was up 0.9 percent and Smallcap gained 1.2 per cent.
Overall consolidation with negative bias ruled the market in 2015 but that may not continue in 2016, feel analysts.
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