The market failed to hold entire gains in last couple of hours of trade Monday, tracking volatility in Europe and correction in oil prices after Friday’s rally. The Sensex surged more than 200 points intraday but trimmed gains in afternoon trade, especially after fall in Europe. The volatility in global crude oil prices has increased and have started weakening again after the sharp surge on Friday. Overall market sentiment remains weak with selling seen in mid-cap and small-caps. Further, volatility ahead of expiry of January derivative contracts has also kept investors on the sidelines. The S&P BSE Sensex ended up 50 points at 24,486 and the Nifty50 ended up 14 points at 7,436.
Stock Tips Tomorrow: 27th Jan
Buy EDL above 80, Targets are 81, 82 and 83 Stop loss at 78.
Buy SUPPETRO above 118, Target are 119, 120 and 121, Stop loss at 116.
Sell RSSOFTWARE below 84, Targets are 83, 82 and 81, Stop loss at 86.