Gainers and Losers: Frontline indices resumed recovery after two days of subdued move and gained nearly 1 percent, supported by upbeat global cues. After a firm start, the NSE Nifty 50 gradually inched higher as the day progressed and closed at 17871.70 which was up by 0.85 per cent or 150.20. Likewise, BSE Sensex ended 0.63 per cent or 377.75 points higher at 60,663.79.

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The broader indices too ended higher and gained nearly 1 percent each.

Ajit Mishra, VP - Technical Research, Religare Broking Ltd, believes that global indices combined with earnings will dictate the trend ahead with all the major events behind us.

He said that the rebound has certainly eased pressure but a decisive close above 17900 in Nifty is critical for any sustained recovery.

Analysts have reiterated their preference for IT, FMCG and select banking and auto pack and suggest focusing on identifying opportunities from these sectors.

Also Read: Layoffs in 2023: How to manage your finances amid job cuts

Here are some blue-chip stocks that saw maximum buzz today:

Bajaj Finance

Bajaj Finance stock rallied by Rs 174.65 or 2.83 per cent at Rs 6,335.20 apiece on NSE.

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