The market closed range bound session on a flat note Monday as investors turned cautious ahead of RBI monetary policy and November auto sales data. Today’s consolidation was after its rally in previous two trading sessions. The Sensex rose 17.47 points to 26145.67 and the Nifty declined 7.45 points to 7935.25 The much-awaited RBI monetary policy will be announced on Tuesday, which will be important event for the market ahead of two-day Federal Reserve meeting (on December 15-16).This week is going to be an eventful week as vital key macroeconomic numbers are due to be unveiled including India’s manufacturing purchasing managers’ index (PMI) data for November on Tuesday, and services PMI data for the current month on Thursday.
Stock Tips For Tomorrow: 1st December
Buy HOVS above 115, Targets 116-117-118, Stop loss at 114
Buy FRL above 170, Targets 172-174-176, Stop loss at 168
Buy BASWRAS above 121, Targets 122.50-124-125.50, Stop loss at 119.50