Today
Indian Stock markets ended with bang with equity benchmarks hit their
highest levels in more than 14 months. Markets today witnessed
biggest single day rally. Sensex and Nifty both traded above 12
months high. The market sentiments were boosted due to widespread
political conflict going in Indian politics. INTRADAY TIPS.
The
Sensex climbed 403.58 points and closed at 18,752.83 and Nifty hit a
high of 5,720 before closing at 5691.15 up 136.90 points above from
the previous close. The BSE Midcap and Small caps underperformed
their largest counterparts gaining 1.61% and 1.46% respectively.
Among
the Major gainers today ICICI bank contributed rise of 58.09 points
and was followed by HDFC bank with 41.79 points, L&T with 40.76
points and Reliance Industries with 38.2 points among the Major
Losers were TCS which contributed 13.66 points in Sensex and was
followed by Infosys with 12.29 points and Sun Pharma with 0.33
points, ACC with 2.2 points and DLF with 2.41 points.
Intraday Tips for Monday 24th September 2012
-Buy
Indiabulls Real estate with short term target of 72 and stop loss of
52.
-Buy
Sterlite Industries with short term target of 116 and stop loss of
99.
-Buy
Exide Industries with Med term target of 170 and stop loss of 140.