Markets snapped three-day losing streak and finished 1% higher mirroring a rally in global stocks after sluggish GDP growth from China raised hopes of further stimulus by the Chinese government. A broad-based rally was witnessed across the bourses as participants bought battered bluchips at attractive valuations. The Sensex gained 291 points to end at 24,480 and the Nifty climbed 84 points to close at 7,435. ON global front, China’s economy grew 6.8% in the fourth quarter from a year earlier, matching expectations and the slowest since the global financial crisis. The Rupee was closed at 67.64 per Dollar on Tuesday.
Stock Tips For Tomorrow: 20th Jan
- Buy COSMOFILMS above 267, Intraday Targets are 270-273-276, Stop loss at 261.
- Buy MTEDUCARE above 160, Targets are 161.50, 163 and 164.50, stoploss at 157
- Sell LAMBODHARA below 129, Intraday Targets are 128, 127 and 126, Stop loss at 131.