Key benchmark indices clocked modest gains in a balanced session of trade on Thursday. The BSE Sensex rose 164.48 points or 0.56% at 29,332.16, the Nifty50 index rose 49.80 points or 0.62% at 9,080.25. Infosys, Reliance Industries and Tata Motors boosted gains on the domestic exchanges. Key indices remained in positive terrain all through the day. Domestic stocks snapped 3-day fall in today’s trading session.
Key indices pulled out intraday gains in morning trade and subsequently trimmed gains in mid-morning trade, continuing trade with firm gains till mid-afternoon and extended gains in late trade and hit fresh intraday high. On BSE, 1683 shares rose and 1,110 shares fell. A total of 203 shares were unchanged.
Copper surged higher in the global commodities market. Fine Grade Copper for March 2017 delivery was presently up 0.32% at USD 2.6390 per pound on the COMEX. Overseas, European stocks were trading on a mixed note while Asian stocks climbed ahead of crucial congressional vote on the US healthcare reform later in the day.
Stock Recommendations Tomorrow:-
BUY NLCINDIA ABOVE 122.90 TARGETS 123.90, 124.90, 125.90 STOPLOSS 121.90
BUY GRAVITA ABOVE 66 TARGETS 66.70 , 67.30, 67.9 STOPLOSS 64.8
SELL PNB BELOW 135.30 TARGETS 133.80, 132.30, 130.80 STOPLOSS 138.30
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