The Second day of this week, Equity market opened on a strong note. Sensex rallied over 200 points in early trade and reclimbed its crucial support level of 28,000. Nifty move towards 8,700 level. Sensex trading at 28,100.36, up 201.47 points or 0.72 percent. It touched a high of 28,071.21 and a low of 28010.66 in morning trade. Nifty trading at 8672.45, higher 65.30 points or 0.76 percent. It touched a high of 8,675.50 and a low of 8,642.25 in early trade.
The market breadth positive as about 1424 shares advanced against 471 declining shares on Bombay Stock Exchange.
Bank Nifty up 1.23 percent and reached 19,454.25. The broader market is a strong note, BSE midcap index up 0.83 percent at 13173.34 and BSE smallcap index trading at 12622.08, higher 0.99 percent.
On the sectoral basis, All index are green note remaining Media sector. Nifty realty index bounced nearly 1 percent.
Gainers - Bajaj Auto, Maruti Suzuki, ICICI Bank, GAIL, and Hero Motocorp are the top gainers.
Losers - Bharti Airtel and Coal India losers in the Sensex.
Trading Advice by Experts -
BUY Arvindo Pharma, Stoploss - 779 Rs, Target - 815 Rs
BUY Tata Motors, Stoploss - 510 Rs, Target - 550 Rs
SELL wipro, Stoploss - 495 Rs, Target - 450 Rs
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