The Indian stock market opened in strong note in morning trade, Today indian petrol prices are likely to fall 2.50 per liter because the rupee appreciation against the dollar by august 15 and the ONGC is up 2.39% to 403.30.
Heavy buying pressure are seeing in the sensex and nifty, nifty is up 37.90 pts and the sensex is up 158.23 pts. Heavyweight stocks such as Tata motors, GAIL, Coal india, HDFC, NTPC, ICICI bank, Tata power.
GAIL India rebounded with 2% gains, it is a top pick in oil & gas sector.
Stock in tata motors rallied as much as 8.18% in intraday trade on Tuesday.
M&M is a ‘BUY’ call with a target of Rs 1310/1325/1345 and a stop loss of Rs 1260.
HDFC is a ‘BUY’ call with a target 1090/1096/1102 and a stop loss of Rs 1045.