Cineline India Limited (part of Kanakia Group), one of the most renowned real estate players in MMRDA region is re-entering the film exhibition business and will launch the same under a new brand in Q1 FY23.

So, here is the list of stocks that have formed a bullish pro gap on December 22, 2021. Keep these stocks on your watchlist:

It has been a stellar year for the Indian IPO market as about 58 IPOs debuted on the exchange as of December 20 and it is evident from the fact that about 39 companies were listed at a premium value over their issue price.   

The market leader in oil refining & petroleum, Indian Oil Corporation (IOC) Ltd has announced today that it would be acquiring a 4.93 per cent equity stake in Indian Gas Exchange Ltd (IGX).

On Wednesday, markets extended the rebound for the second consecutive session and gained over a per cent on the back of firm global markets. After a gap-up opening, the benchmark continued to trade in a sideways range but the inclination remained on the positive side. The Omicron concerns coupled with FII’s selling is likely to keep investors in a cautious mode.

All the sectoral indices ended higher with auto, bank, realty, capital goods, pharma, oil & gas, power, and metal indices gaining 1-3 per cent. In the broader markets, BSE midcap and smallcap indices added over 1 per cent each.

Activity in the F&O market for the weekly expiry on December 23, shows 16800 to act as support now. 

Considering the bulls have seen a follow-through rally on Wednesday along with across-the-board participation and with cooling India VIX as an icing on the top, this Santa Rally could extend. Hence, we have come out with a list of stocks based on the T20 breakout system.  

Nifty & Sensex ended Wednesday’s trading session near the day’s high with Nifty gaining about 1.10 per cent while Sensex surged over 500 points.

BSE Small-cap index outperformed broader markets, by recording gains of 1.66 per cent i.e. 462.97 points.

The stock has also underperformed as it delivered a mere 5.51 per cent in 2021 and negative 7 per cent returns in one month.