The market gained more than 1% in early trade, following positive trend in global peers and oil rally.
All sectorial indices were trading in green.
The 30-share BSE Sensex rose 297.08 points or 1.27 % to 23678.95 and the 50-share NSE nifty jumped 86.90 points or 1.22 % to 7195.35.
The BSE Midcap and Smallcap indices also gained more than 1%.
The market breadth was strong as about five shares advanced for every share declining on the Bombay stock exchange.
Hindalco Industries, Dr Reddy's Labs, Tata Motors, ICICI Bank, ONGC, Bank of Baroda, Vedanta rallied 2-5 % while Bharti Airtel and Idea Cellular were in red.
Recommendations:
|
S.No. |
Stock
|
Call
|
Target |
Stop
Loss |
|
1 |
Bharti Airtel Ltd. |
BUY |
335 |
313 |
|
2 |
Pidilite Industries |
BUY |
628 |
589 |
|
3 |
CESC Ltd. |
BUY |
454 |
434 |
|
4 |
L&T Ltd. |
BUY |
1,155 |
1,105 |
|
5 |
Bank of Baroda |
BUY |
148 |
136 |
