Equity benchmarks ended at two-week closing high on Thursday, tracking rally in global peers after the first Fed rate hike in almost a decade. Index heavyweights drove the market higher. The broader markets outperformed benchmarks, rising more than 1.5 percent. The market rallied for fourth consecutive session today. It was a U-shape recovery for benchmark indices as the market slipped in red after rallied for first half an hour of trade but it managed to rebound significantly in last couple of hours of trade. The BSE Sensex ended up 309 points at 25,804 and the Nifty50 gained 93 points to close at 7,844.
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Stock Intraday Calls Tomorrow
- Buy RUBYMILLS above 360, Targets are 363.50, 367 and 370.50, Stop loss at 353
- Buy XENTEC above 116, For Intraday Targets are 117, 118 and 119, Stop loss at 114
- Sell PIPAVAVDOC below 72, Intraday targets are 71, 70 and 69, Put stop loss at 74
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