Benchmark indices climbed off day’s high in the last leg of trade but still settled higher with Sensex closing at record high and Nifty settling above 9,650 on the back of strong recovery in PSU banks. Hopes of positive quarterly earnings and -free roll- out of the goods and services tax (GST) also lifted sentiment. The S&P BSE Sensex ended at new high of 31,369, up 124 points surpassing previous closing peak of 31,311.5, hit on June 19. Meanwhile, the broader Nifty50 ended 37 pomits higher at 9,674, 1 point below its previous all-time closing high of 9,675.10 hit on June 5.Both the smallcap and midcap indices erased some gains to ended the day 0.3% higher.
Tomorrow’s Nifty Trend
Stocks To Buy Tomorrow : 7th July Friday
BUY FRETAIL ABOVE 396.8 TARGETS 400.3 , 403.8 , 407.3 STOPLOSS 389.8
BUY ITDC ABOVE 615 TARGETS 621 , 627 , 633 STOPLOSS 603
BUY GAYAPROJ ABOVE 173.5 TARGETS 175.2 , 176.9 , 178.6 STOPLOSS 170.1