Indian stock market live updates, stock calls for 5 december

Indian stock markets are likely to open gap up on Thursday after exit polls predicted the Bharatiya Janata Party to emerge as the biggest winner in four key state elections.

The BSE index rose to as high as 21,165.60 points, approaching a record high of 21,321.53 points.

Nifty traded in the green The broader NSE index rose 1.98 per cent, after hitting a session high of 6,300.55 points, not far from a record 6,357.10 points. Private lender ICICI Bank was the top Nifty gainer, up 5.5 per cent, while HDFC Bank rose over 4 per cent.

Beaten down capital goods and infrastructure stocks also saw buying interest. L&T, India’s biggest engineering and construction company gained 3.5 per cent.

Buy Wipro with tareget of 500/510/520 stoploss 490

Buy PNB with target 590/595 stoploss 560