The 50-share nifty today ended at fresh 16-month closing high on Tuesday, amid positive global market and due to improved FII inflow despite likely Fed rate hike. RBI saying the economic is likely increase at 7.6 percent in FY 17, though it repo rate cut in its annual report yesterday.
The Indian market gained for the third consecutive session, The 30-share BSE Sensex was gain 440.35 points 1.58 percent closed at 13 month fresh closing high of 28343.01, The 50-share Nifty index closed rose 136.90 points or 1.59 per cent at 8744.35.
Nifty Top Gainers- Ambuja Cements 3.97%, Bosch Ltd 3.94%, Grasim 3.55%, ACC 3.50%, Eichermot 3.24%, Hindalco 3.22%, Tech-mahindra 3.10%, Bajaj Auto 3.02%, Asian Paints 3.00%.
Nifty Top Losers- Bharti Airtel 3.08%, IDEA 0.64%, ZEEL 0.21%, BHEL 0.18%.
Tomorrow 31 August Nifty Future Trading Calls-
BUY Bank of Baroda with targets 167/168/169 and Stop loss 155
SELL Kotak bank with targets 788/786/784 and Stop loss 800
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