Banking
and IT stocks led rally for key benchmark indices on the first trading session
of the week today, 22 June 2015. A rally in European stocks and sharp gains for
US index futures which indicated a likely firm opening of US stocks later in
the global day sent key equity benchmark indices in India surging. The
barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit
their highest level in nearly three weeks. Stocks rose across the globe on
reports that Greece has presented a new plan to stave off default before an
emergency summit on the country's debt crisis. The Sensex was provisionally up
397.76 points or 1.46% to 27713.93. Key benchmark indices traded in positive
zone throughout the trading session today 22 June 2015.
STOCKS TO WATCH
ARVIND:
Buy ARVIND above 245 stock may show 258-262
in coming days.
AMBUJA:
Buy AMBUJA CEMENT above 231, stock may show 240/250
level in coming days. Below 231 major supports will be 223.
SBIN:
Buy SBIN as remain above 263 stock may show
280/290 level in coming days, below 263 major support 254.
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