BUY Tata motors above 376 targets 377/378/379 Stoop loss 373
BUY SunPharna above 610 targets 613/616/618 Stop loss 601
BUY Jindal Steel above 259 targets 260/261/262 Stop loss 256
SELL Ranbaxy below 427 targets 426/425/424 Stop loss 430
The bank index private sectors lender Yes bank will declare it third quarter(Oct-Dec) early today. Analysts expect a sluggish set of numbers from the bank as collate to previous quarters due to slower credit growth, lower non-interest income and higher provisions. According to CNBC-TV18 poll.
The 30 share Sensex trade is up 203.09 points or 0.97% at 21235.97, it touch a high of 21241.42 and low of 21091.46.
The 50 share Nifty index trade is up 59.00 points or 0.95% at 6300.85, it was touch a high of 6304.05 and touch a low of 6265.30.
Caipla, Hindalco, NMDC, Coal India, Hero Motocrop, SSLT, Jindal Steel, ICICI bank, TCS, Reliance were nifty top gainers today.
Ranbaxy, Carin, Axis bank, ITC, M&M, Lupin were top nifty losers today.
Inflation update:- December WPI (Whol esale price index) inflation may rest to 7.1 per cent month to month VS 7.52 per cent last month led by primary and Fuel inflation, said a CNBC -TV 18 poll.