The market seen to be cheerful after the holiday gandhi jayanti. The sensex and nifty both open in green note, the sensex shoots up 139.73 points or 19656.88 while nifty is down with 7.05 points or 5773.00.Nifty Future: Buy 5796-5792 & 5774 crucial support Stop loss 5754. Up it will surge up to 5868 & 5895, book profit on higher levels. Down break below 5754 it will turn weak & fall down to 5702 & 5671.
In early trade the indian rupee opened with a gain of 30 paise or 62.15 dollar.
In BSE sensex metals, capital goods and technology stocks taking cues from asian peers.
Big IT companies like Infosys, wipro,TCS, HCL tech to report substantial earning in 2nd quarter.
In precious metal gold prices jumped early 3% be caustious most of the previous session tumble, as a drop in dollar and weak Us equities.
Best sure shot calls by expert-
Tata Power is a ‘SELL’ target 73/75 and a stop loss 81.50.
Aurobindo Pharma is a ‘BUY’ target 218 and a stop loss 206.
Bajaj Auto Ltd is a ‘Buy’ with a target 2075 and a stop loss 1995