Closing Update- The Indian share market extended gains for the third straight session on Tuesday with the Nifty50 ending above 9850 as auto companies such as Tata Motors surged after posting stellar monthly sales, while Dr Reddy’s stock sky rocketed on the launch of a drug in its key US market. Investors also keenly await the RBI’s policy meeting on Wednesday, with the central bank expected to keep rates on hold.
Oil marketing firms also went up higher on Tuesday’s trade. OMC’s namely Indian Oil Corporation closed higher by 1.77% at Rs 407.15/share, Hindustan Petroleum Corpn Ltd gained 1.74% at Rs 433.90 per share and Bharat Petroleum Corpn Ltd gained 1.25% at Rs 478 per share.
Closing Bell Gainers: GAIL India up 4%, Tata Motors up 3.5% while Power Grid down 3%, Airtel down 1.5% and Cipla down 1%. Tata Motors stock rose 4% on bagging Rs 1,120 Cr order for 10,000 e-cars.
04 Oct Wednesday Best Stocks Trading Calls For Tomorrow
BUY INOXWIND ABOVE 115.50 TARGETS 116.50 , 117.50 , 118.50 STOPLOSS 113.50
BUY KRBL ABOVE 505 TARGETS 510 , 515 , 520 STOPLOSS 495
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