The Indian Stock Market opens on strong note on the back of positive global clues ahead of Railway Budget. Sensex is trading at 18021, up 207 points from its previous close and Nifty is trading at 5493 up 63 points.
CNX Midcap is up 0.9% and BSE Smalccap index is up 0.7%. The market flow is positive with advandes at 610 against declines of 93 on NSE. The US markets ended higher with the DOW up 217 points and Nasdaq up 56 odd points.
The Capital Goods index was at 10,816.44 up by 209.43 points. The Major gainers were Alstom Projects India, Bharat Heavy Electirclas, Bharat Electonics, BEMK and ABB.
The Metals index was at 12,173.08 up pby 219.35 points and the majore gainers were Coal India, Hindalco Industries, Jindal Steel & Power, Hindustran Zinc and Bhushan Steel.
The Power index was at 2,297.51 up by 31.17 points and the major gianers were Adan Power, BHEL, Crompton Greaves, Reliance Infrastructure and ABB.
The IT Index ws at 6,194.73 up by 78.27 and the majore gainers were HCL Tech nologies, Infosys, Oracle Financial Services Software, Hexaware Technologies and Mphasis.
Stock Tips
-Crompton Greatives BUY call with Target of Rs 165 and Stop Loss of Rs 137.40.
-Rcom BUY call with Target of Rs 105 and Stop Loss of Rs 97.50.
-Canara Bank BUY call at 519-518 and Stop Loss of 509 Target 528-533-546.
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