Today equity benchmarks remained strong in morning trade. Sensex bounces 200 points or 0.8 percent at 26962.25. Nifty climbed 62.55 points or 0.8 percent at 8266.55. About 310 shares declined, 1318 shares have advanced, 67 shares are unchanged. BSE midcap index rose by 0.7 percent at 11654. BSE smallcap bounces around 0.8 percent at 11786. The nifty midcap index gained 0.7 percent and reached over 3478. Bank nifty showing a gain of 0.7 percent as well. Tata Motors rising over 3 percent followed by ICICI Bank, SBI, Axis Bank, L&T, Dr Reddy's Labs, HUL, and Lupin upside 1-2 percent in Sensex 30. Tata Motors, NTPC, BHEL, HUL and Hero MotoCrop are top gainers. GAIL is down.
Today's trading tips-
Kotak Mahindra Bank- Buy, Stoploss- 735 Rs, Target- 800 Rs
JSW Energy- Buy, Stoploss- 82 Rs, Target- 90 Rs
TVS Motors- Buy, Stoploss- 294 Rs, Target- 312 Rs
Asian Paints- Buy, Stoploss- 977.90 Rs, Target- 1009 Rs