Tuesday market opened on the strong side support by banking stocks, Today the sensex is up 223.77 or 1.12% or 20118.87.
Nifty is up with 67.90 points or 1.15% or 5974.05.Nifty is expected to trend up till 6000 in this session the key support will be around 5853 and resistance will be 5960, Financial technology, Jsw steel ltd, ONGC ltd, Banking stocks, Bharti airtel,Apollo tower which are likely to be in focused in trade today.Today rupee has opened at 61.73 per dollar.
Pharma companies such as sun pharma, ranbaxy, GSK, Dishman pharma, Strides arcolab, Glenmark, Ipca labs Aurobindo pharma have found their other expenditure rising at a far higher rate than their income.
Best stocks for today-
Hindalco ltd is a BUY call with a target 128 and a stop loss 118.50
Lupin ltd is a BUY call with a target 925 and a stop loss of Rs 879
United Spirits Ltd is a SELL call with a target 2350 and a stop loss 2480