Sensex Hits 1 Month High, Nifty above 7900, 26 May Tomorrow Nifty Future Trading Calls

The Stock market today has ended hits 1 month closing high. The BSE Sensex gained more than 500 points in first time since March 1, the BSE indices rally was led by the banking, Capital goods, power, Oil & gas, telecom and IT stocks. The BSE Mid-cap and Small-cap stocks closed strong upside. 

Finally, the 30-share Sensex was closed up 575.70 points or 2.28% at 25881.17, it was touched a high of 25897.87 and Intraday touch a low of 25430.59. 

The 50-share Nifty index ended high 186.05 points or 2.40% at 7934.90, it was touched a high of 7941.20 and touch a low of 7809.30. 

On the global update- Asian market closed higher, after the announcing report the US housing markets saw sharp gains in US market overnight. In China, the Shanghai composite index dropped 0.23 per cent at 2,815, while Hong Kong’s Hang Seng index gained 2.64 per cent. The Nikkei 225 ended lower 1.94 per cent at 16,757. 

The Indian Rupee was up 15 paise at 67.31 per US dollars. 

Tech-mahindra 10.42%, Indusindbk 4.99%, ICICI Bank 4.56%, Bajaj-Auto 4.40%, BHEL 4.33%, LT 3.85%. Bosch Ltd 3.67%, Maruti 3.56%, Ambuja Cements 3.37%, SBIN 3.10% were top gainers in the NSE, While Cipla 4.42% the only losers on the Nifty index. 

26 May Stock Future Trading Calls Tomorrow 

BUY Tata Motors with targets 398/399/340 Stop loss 391 

SELL Tech-mahindra with targets 520/418/415 Stop loss 540 

SELL NTPC with targets 140/139/138 Stop loss 146

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