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The huge opening upside gap of Monday and another opening upside gap of Tuesday remained open. As per the gap theory, the recent opening upside gaps could be considered as a bullish runaway gap, and this indicates that the Nifty50 is in the middle of a sharp uptrend, said technical research analyst at HDFC Securities.

This is the first tranche of the total planned fundraise of Rs 350 crore under UC Impower Fund, targeted at investing in financial services and climate solutions.

The Reserve Bank of India (RBI) sold dollars near the start of the spot trading session and also intermittently stepped in during the day, traders said.

The offer of Net Avenue Tech is a completely a fresh equity issue of up to 56.96 lakh equity shares. The company plans to raise Rs 10.25 crore through the IPO. The massive demand was led by retail investors, whose category was subscribed 721 times, while that of non-institutional investors was subscribed 616 times. The part reserved for institutional investors was subscribed 62 times. The issue closed on December 4.​

The Nifty 50 Net Total Return index aims to measure the performance of the Nifty 50 index considering that the cash dividends and the gains from bonus issues are reinvested in the Nifty 50 index after applying relevant withholding tax and capital gains tax respectively.

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“There is opportunity in all the sectors. We are agnostic to where we see opportunities. But we have looked at opportunities in very specialised areas like tech, infrastructure, consumption, where these companies are still sub 10,000 crore market cap and where we believe that many of them could be 4X, 5X over the next couple of years.”

Within the Nifty500 index, 9 stocks have experienced a decline of over 40% from their 52-week high levels.