Due to strong international signals with fast opening domestic markets. Sensex up 75 points at 19090 and Nifty opened 23 points higher to 5785. The market has risen sharply in early trading. With global markets moving up, Indian equity benchmarks too entered the reconstruction mode. The 317 points massacre on the Sensex, a pull back was expected. Most of the stocks that lost 2-3 percent have bounced back 1-1.5 percent.
Realty shares gained 1.25 percent. Capital Goods, Oil & Gas, Metal, FMCG, power, consumer durables, PSU and bank stocks are up 1 to 0.5 percent. Healthcare shares have gained 0.3 percent. Auto shares 1 per cent are broken. IT stocks declined 0.75 per cent. Tech shares weak 0.25 per cent.
Nifty stocks, JP Associates, Bharti Airtel, L & T, DLF, HDFC, Reliance Industries, BHEL, Jindal Steel, Reliance Infra, Sesa Goa, Hindalco, ICICI Bank are up 2.5 to 1 per cent.
Bharti shot up 2.5 percent; investors have got bullish on the telecom giant post failure of spectrum auction. Top largecap gainers on the indices were Sterlite, BHEL, Jindal Steel, HDFC, DLF, JP Associates and Sesa Goa.
Share Tips Today
IDFC Buy above 153 for the target of 156 with a stop loss of 151
Ipca labs Buy arround 495 level to get target of 505 with stop loss of 489
Adani Ports Buy above 141 and target at 143 with a stop loss of 139.
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