Market has around positive note, nifty hovers around 6050 and Sensex above 20200. On Friday The trading band for government bonds has been removed, the Fixed Income Money Market and Derivatives Association of India (FIMMDA), said on its website, for a fourth day in a row after the Reserve Bank of India (RBI) announced events to curb the rupee’s decline, reports Reuters.
The Market has open Sensex up 86.92 points or 0.45% at 20218.20 and Nifty trade up 17.45 points or 0.32% at 6056.60.
Nifty top gainers:- TCS 5.13%, HCL Tech 4.20%, Tata motors 2.54%, Infosys 2.14%, Cairn 1.76%, M&M 1.40%, Lupin 1.36%, Sesa Goa 1.20%, Coal India 1.17%, Hindustan uniliver 0.90%.
Nifty top losers:- BHEL 3.96%, Kotak bank 2.07%, NTPC 1.74%, Sun Pharma 1.55%, DLF 1.46%, Bajaj Auto 1.34%, Tata power 1.18%, Ambuja Cements 1.16%, Bharti Airtel 1.08%, Jindal Steel 1.04%.
Stocks call today:-
BUY Tata Steel with targets 255 and Stop loss 242.25
BUY Larsen with targets 1100 and Stop loss 979.75
BUY Axis bank with targets 1240 and Stop loss 1140