Thursday market is volatile. It has opened on a strong note after GST bill approved by Rajya Sabha on Wednesday. That will help usher in the goods and services tax. It would benefit sectors such as Multiplexes, retail, light electricals, logistics, FMCG, auto and cement. Sensex gained 69.73 points or 0.25 percent at 27767. it touched a high of 27,921.91 and a low of 27,633.11 in early trade. Nifty was trading below its crucial level of 8,600. Nifty trading at 8562, up 19.05 or 0.22 percent. it touched a high of 8,601.40 and a low of 8,519.50 in morning trade. The broader markets outperformed benchmarks with the BSE midcap index up 0.65 percent at 12521.68 and BSE smallcap index was trading at 12161.58 and 0.67 percent higher. Nifty Bank down nearly 0.6 percent at 18590.40. The market breadth remained positive as about 35 shares advanced and 16 shares declining on the NSE. Tata Motors, Tata Steel, Sun Pharma, Bajaj, and Auto are the major gainers in the BSE Sensex. Lupin, Infosys, ICICI Bank, Reliance, ITC, and Hero Motocorp are the major Sensex losers.
Experts Stock Trading Tips -
Bajaj Corp - Buy, Stoploss - 383 Rs, Target - 398 Rs
Gati - Buy, Stoploss - 173 Rs, Target - 185 Rs
Adani Enterpris - Sell, Stoploss - 78 Rs, Target - 72 Rs
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