IT,
auto stocks and index heavyweights HDFC and ITC led rally as key benchmark
indices surged on first trading session of the week today, 13 July 2015. The
trigger for the rally was eurozone leaders reaching an agreement today, 13 July
2015, for a third bailout deal for debt laden Greece in exchange for strict
reform measures. The agreement eases the risk that Greece will be forced to leave
the common euro currency union. A bout of volatility was witnessed in late
trade as the 50-unit CNX Nifty hit its highest level in almost a week. The
barometer index, the S&P BSE Sensex, provisionally settled below the
psychological 28,000 mark after surpassing that level in intraday trade. The
Sensex was provisionally up 299.04 points or 1.08% at 27,960.44. The BSE
Mid-Cap index was up 1.44%. The BSE Small-Cap index was up 1.27%. Both these
indices outperformed the Sensex. The market breadth indicating the overall
health of the market was strong.
STOCKS TO WATCH
ARVIND:
Buy ARVIND above 273 stocks may show 300/310
in coming days, Below 273 major support will be 262.
AMBUJA:
Buy AMBUJA as remain above 240 we may see
some good move. Buy only above 240.
MARUTI:
Buy MARUTI as remain above 3990 stock may show 4100/4150
level in coming days, below 3990 major support 3960.
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