Morning Stock Market News & Trading Tips

After a stellar performance, the market has opened higher. The Sensex is up 93.46 points at 28878.13 and the Nifty is up 24.05 points at 8719.65.

The S&P BSE Sensex rallied as much as 96 points in trade on Wednesday to hit its fresh lifetime high of 28880.80, led by gains in HDFC, HDFC Bank, TCS, L&T and Sun Pharma. 

About 501 shares have advanced, 148 shares declined, and 199 shares are unchanged. Sesa Sterlite, M&M, Tata Steel, Cipla and HDFC Bank are top gainers in the Sensex.

Tracking the momentum, the 50-share Nifty index also surged as much as 27 points in trade t touch its fresh record high of 8722.50, supported by gains in capital goods, banks, auto, consumer durable and metal stocks. 

The Indian rupee opened flat at 61.68 per dollar versus 61.69 Tuesday.  
Today's Stock Trading Tips 

• BUY ABAN (LCP-507.35) ABOVE 509 TG-514-520
• BUY ALEMBIC (LCP 52.6) ABOVE 54 TG-55.5-57
• BUY GATEWAY DISTRIPARKS (LCP 424.45) ABOVE 427 TG-432-438
• BUY KESORAM (LCP-137.15) ABOVE 138.5 TG-141-144

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