
Certainly, bears have lost the momentum as we do see a formation of ‘Bullish Hammer’ on the weekly chart however we are still not out of woods

China's industrial profits in November jumped 9% from last year, data released by China's National Bureau of Statistics showed.

Kotak Securities is bullish on SBI Life with a price target of Rs 1,175 per share.

Elsewhere in Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with gains

World stocks rebounded from the recent Omicron-triggered hammering even as investors monitored updates on the new strain

HCL Tech was the top gainer in the Sensex pack, rising around 3 per cent, followed by Tech Mahindra, Tata Steel, Wipro, NTPC and Titan

Ventura Securities is bullish on Persistent Systems with a price target of Rs 5,600 per share.

China on Monday announced a cut in its one-year loan prime rate from 3.85% to 3.8%.

Kotak Securities is bearish on IndusInd Bank with a price target of Rs 830 per share.

IndusInd Bank was the top loser in the Sensex pack, shedding around 5%, followed by Kotak Bank, HUL, Titan, Bajaj Finserv and HDFC