Spikes and IT stocks in U.S. markets on the strength of vigorous shopping is seeing strength in domestic markets. Today market is rose side and NSE 50 index show the above the 6050 & trade on 6054 with +16.34 pts. & BSE also trade above the 20200 & trade on 20209 with 80.66.
Also, technology, auto, FMCG and oil & gas stocks are also seeing a little bit of shopping. However, power, consumer durables, banks, capital goods and pharma stocks have prevailed. With the Giants – is seen as Midcap and Smallcap stocks.
Today IT index & Tech index by good perform & TCS gain the early morning up 5% , HCL technology 4.4%.
NSE gainer- TCS, HCL technology, Tata motor ltd., Infosys ltd., Cairn India ltd.
NSE loser- BHEL ltd., Kotak Mahindra Bank, NPTC Ltd., SUN pharma, DLF ltd.
Nifty intraday tips
BUY TCS ltd Target 1745/1750/1755 stop loss 1735
Buy HCL technology Target 895/897/900 Stop loss 885
SELL Reliance Capital Ltd. Target 374/372/370 stop loss 380