Equity benchmarks erased half of gains in late trade but closed higher for second consecutive session Friday, backed by banks on hopes of early NPA resolution. ITC and Reliance Industries also supported the market but gains capped by technology stocks.The BSE Sensex rallied 208 points intraday, before closing up 89.24 points at 29,421.40. The NSE Nifty managed to hold 9100 level amid consolidation, up 21.70 points at 9,108.
In Broader market, BSE Small Cap closed up 50 points at 14077 and BSE Mid-Cap slipped 4 points to 13849. In Commodity market, Gold declined 53 points to 28,747 while Silver lost 7 points to 41,293.
Top Gaines: ICICI Bank, SBI, GAIL, ITC, Reliance.
Top Losers: TCS, Lupin, Bajaj Auto, Infosys, Adani Ports.
Buy HINDPETRO Future above 519 Targets 521, 523, 525 Stop loss 515
Sell TATACOMM Future below 727.6 Targets 724.6, 721.6, 718.6 Stop loss 733.6
Nifty Future Tips For Tomorrow:
Buy HINDPETRO Future above 519 Targets 521, 523, 525 Stop loss 515
Sell TATACOMM Future below 727.6 Targets 724.6, 721.6, 718.6 Stop loss 733.6
