Today the market ha opened fairly strong. Nifty reclimbed its crucial Psychological level of 8,600. Sensex surged by over 300 points in morning trade. It was opened at 27,810.55. Sensex was trading at 28017.51, up 307.93 points or 1.09 percent. It touched a high of 28,034.93 and a low of 27,795.74 in morning trade.
Nifty gained 85.85 points or 0.99 percent at 8636.05. It was opened at 8600.20 in early trade. It touched a high of 8,646.65 and a low of 8,590.15 in early 30 minutes.
The market breadth remained positive as about 1589 shares advanced against 495 declining shares on BSE.
The broader markets also traded in line with benchmarks on positive breadth. BSE midcap index was up 0.96 percent at 12607.37 and BSE smallcaps index gained 1.06 percent at 12256.87.
Nifty Bank rallies 1.56 percent at 18860.65. The Indian rupee opened higher by 6 paise at 66.85 per dollar against previous close 66.91.
ICICI Bank, SBI, BHEL, Axis Bank, and Hero Motocorp were the top gainers. While Sun Pharma and Infosys were top losers in the Sensex.
ICICI Bank gained 3.01 percent and reached in most buying stock. While Sun Pharma down 0.38 percent on BSE.
Today's Experts stock tips -
Tata Steel - Buy, Stoploss - 364 Rs, Target - 387 Rs
Reliance Infra - Buy, Stoploss - 570 Rs, Target - 598 Rs
Arvind - Buy ( 2-3 days ), Stoploss - 302 Rs, Target -322 Rs
I got very valuable nifty updates from above post. The BSE Sensex ended with a gain of 17 points at 27,714 and the BSE Sensex opened at 27,900 touched an intra-day high of 27,922 and low of 27,628. For more updates, follow Epic Research.
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