The Sensex shows little positive trend and ended 250 points or 0.96% up and reached @ 26,774.40.
The Nifty 50 also shows little positive trend and closed @ 8209.85 i.e, 82 points or 1% up.
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With the 7th Pay Commission declared, automobile stocks Maruti Suzuki, Hero Motocorp and Bajaj Auto look good.
Also, If the monsoon turns out to be good, then Mahindra & Mahindra is also likely to see a good upmove.
1. Stock Name - BEL FUT
Recommendation- Buy above 1280
TARGET - 1300, 1320
STOPLOSS- 1260
2. Stock Name - SBI FUT
Recommendation- Buy above 219
TARGET - 222, 225
STOPLOSS- 216
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