The Sensex is currently at 17230.71, up 0.4% from the previous close. Climbing 0.4%, the Nifty is at 5155.20. Both the BSE Midcap and BSE Smallcap indices are up 0.5% and 0.75 respectively. BSE Oil and Gas index (up 1.1%) is the top gainer among others.
BUYReliance Industries Ltd (RIL) with a target of Rs 1100-1120, says Rajat Bose, Technical Analyst. The stock is currently at Rs 1028.40, up 1.2% on the BSE.
BUYHindustan Unilever Ltd (HUL) with a target of Rs 230.50-233, says Rajat Bose, Technical Analyst. The stock is currently at Rs 224.55, down 1.9% on the BSE.
The Sensex is currently at 17207.16, up 0.2% from the previous close. The Nifty is at 5148, up 0.3%. Both the BSE Midcap and Smallcap indices are up 0.5% and 0.6% respectively. BSE Realty index (up 0.6%) is the top gainer among others.
SELLOil & Natural Gas Corpn Ltd (ONGC) with a target of Rs 1055 and a stop loss of Rs 1097, says Sharekhan. The stock is currently trading at Rs 1089.65, up 0.5% on the BSE.
BUYBalrampur Chini Mills Ltd with a target of Rs 100 and a stop loss of Rs 93, says Sharekhan. The stock is currently trading at Rs 96.75, up 0.2 % on the BSE.
Bloomberg UTV Outlook: Markets may open positive on the back of modest gains from Asia. Sugar and oil marketing companies (OMCs) are likely to remain in focus today. Stocks to watch out are NMDC Ltd, Satyam Computer Services Ltd and Fortis Healthcare Ltd.
The Asian markets have climbed for the second consecutive day. Nikkei has erased gains after hitting seven month high. Kospi is trading rangebound. Taiwan is trading positive as technology stocks are advancing.