The BSE Sensex surged over 250 points on Friday as
tailwinds from the US Federal Reserve's dovish stance on interest rates drove
stocks for a second consecutive session. The 50-share Nifty marched towards the
key 8,250 level, rising nearly 70 points.
Banking stocks extended gains as bond yields weakened. IT
stocks outperformed today after tech giant Accenture raised its full year
revenue guidance. Infosys, Wipro, Tech Mahindra and HCL Tech traded with over 1
per cent gains in morning trade.
Sesa Sterlite was the top Nifty gainer, rising over 2 per cent. Asian Paints jumped 1.5 per cent as crude oil prices continued to edge lower.
Sesa Sterlite was the top Nifty gainer, rising over 2 per cent. Asian Paints jumped 1.5 per cent as crude oil prices continued to edge lower.
The rupee also rose to 63.05 per dollar per dollar. up 6
paise compared to previous day's closing value of 63.11 a dollar
Intraday Stock Tips
· BUY
LIBERTY SHOES (LCP-243.15) ABOVE 245 TG-248-253
· BUY
MASTEK (LCP 383.45) ABOVE 387 TG-390-395
· BUY ATUL
AUTO (LCP 604) ABOVE 606 TG-611-618
· BUY
WOCKHARDT (LCP-940.65) ABOVE 942 TG-948-955
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