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Wednesday, 26 April 2017

Sensex,Nifty close at all time highs for 3rd straight session

Sensex Nifty up
The benchmark indices edged higher for third successive session, crossing the previous milestone it hit in March 2015,  amid positive cues from Asian market. The BSE Sensex, rose up 190.11 points or 0.63% to 30,133.35, while the NSE Nifty index up 45.25 points or 0.49% to 9,351.85. The market rally comes after a series of robust domestic quarterly results, while expectations for additional foreign inflows to India have improved on renewed optimism about the US economy. 

In the broader markets, the BSE Mid-Cap index declined 0.12%. The BSE Small-Cap index declined 0.63%, underperforming the Sensex. There were about 1,956 shares falling and 948 shares rising, and a total of 141 shares were unchanged. 

Mahindra & Mahindra rose 3.72% to Rs 1,356.20, surpassing gains triggered by the news that a foreign brokerage has upgraded the stock to outperform from neutral with bigger target price. M&M stock had advanced 3.4% to settle at Rs 1,307.50 last day. 

Other major gainers that aided the key indices were Axis Bank rise 0.44%, HDFC Ltd rose 0.62%, Tata Steel Ltd advanced 0.99% and ITC gained 2.04%

Stock Market Prediction Tomorrow- 27 April 
BUY MCLEODRUSS Above 194 Targets 196, 198, 200 Stop loss 190
BUY CUB Above 161.50 Targets 163, 164.5, 166 Stop loss 158
SELL UJJIVAN Below 390 Targets 387, 384, 381 Stop loss 396


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