The Indian stock markets opened higher on Wednesday tracking positive trade in global equities as data from U.S., China and Europe boosted optimism for global growth. Sensex has hiked 64 points at 26707 and NSE Nifty has gained 21 points at 8213. BSE Auto sector is riding high in the broader market with high leads. According to experts market will remain volatile throughout the day.
Gainers: Tata Motors, Bharti Infratel, Tata Motors (D), ONGC, Hindalco
Losers: Reliance, Kotak Mahindra, ITC, BPCL, ACC
Stock Tips By Experts
- ONGC will be benefited from hike in prices of crude oil.
Buy ONGC above: 196.15 Targets: 198.42 — 200.96 — 204.54 Stoploss : 192.52
- The lump and fine ore prices have increased 125 per tonne which will effect the NMDC share prices.
Buy NMDC above: 135.14 Targets: 136.99 — 137.95 — 138.93 Stoploss : 132.25