The market ended on a strong note supported by capital goods, pharma, metals and oil & gas stocks. After a weak trade yesterday, bulls partied hard on Dalal Street Wednesday with two stellar healthcares IPO listing. The Sensex was up 259.65 points or 1 percent at 25850.30 and the Nifty gained 79.85 points or 1 percent at 7865.95. About 1506 shares advanced, 1158 shares declined, and 253 shares were unchanged. The Indian stock markets stepped into 2015 with huge expectations. However, by the end of 2015, equity markets disappointed. The Modi premium, enjoyed by the market in 2014, failed to sustain in the backdrop of weak earnings, dismal industrial pick-up and foreign fund outflows, falling commodity prices and the Parliamentary deadlock over the key GST reform.
Buzzing Stock Tips Tomorrow
Buy AutoLite above 64.50, Targets are 65, 65.50 and 66, Stop loss at 63.50
Buy SMSPHARMA above 127.50, Targets are 128.50, 129.50 abd 130.50, Stop loss at 125.50.
Sell EXCLE below 238, Targets are 236, 234 and 232, stop loss at 242.