Closing Market Updates :
Today, Monday the Stock Market closed with gains. The Sensex ended up 216.68 points or 0.8 percent at 25735.90 and the Nifty was up 72.50 points or 0.9 percent at 7834.45.
The Sensex opened on a weak note and fell over 100 points but soon recovered from the intraday low levels as buying resumed in blue-chip banking and IT stocks such as ICICI Bank, Infosys, State Bank of India and Axis Bank.
Where as The Nifty-50 basket of stocks, ICICI Bank was among the top gainers, the stock jumped 3.24 percent to close at Rs 258.20. ONGC, Power Grid, ITC, Cairn India, Mahindra & Mahindra, Infosys, TCS, State Bank of India and HCL Technologies were also among the gainers, up 1-3 per cent each.
ICICI Bank, ITC, M&M, ONGC and Vedanta aree top gainers in the Sensex. Among the losers are Sun Pharma, HUL and GAIL.
Nifty Intraday Tips tomorrow :
BUY AXIS BANK @ 440 – 443, Target1-448 @ Target2-460, Stoploss 432
BUY LUPIN @ 1804, Target-1,810.00 , StopLoss – 1,784.10
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