After trading under pressure market recovered in last half hour of trading session. From day’s lower level SENSEX recovered 230 points, while Nifty recovered 65 points. Finally SENSEX closed with 0.1% gain and Nifty closed on yesterday level.
Expert said, traders have cut their deal today and there are sign of revival in midcap and banks stock. Results of Tech Mahindra disturbed the market. Tata Motors hopes to recover. 0.5% rate cut is expected from the upcoming RBI’s policy in 2nd June. Stay away from Tata Motors and Tech Mahindra shares is safest. Book profit in Bank shares, Market will volatile and eyed on Monsoon.
Top gainers Today BHEL, ONGC, Axis Bank, Idea cellular, NMDC.