State-run
banks led gains for key benchmark indices. The market sentiment was boosted by
news reports that the Union Cabinet has approved amendments to the goods and
services tax (GST) bill to compensate states for revenue loss for five years on
introduction of the uniform nationwide indirect tax regime, as has been
suggested by Rajya Sabha Select Committee. The market breadth indicating the
overall health of the market was strong. The barometer index, the S&P BSE
Sensex, provisionally rose 191.97 points or 0.7% to 27,755.40. Key benchmark
indices hovered in positive zone throughout the trading session today, 30 July
2015.
STOCKS TO WATCH
TATAMOTORS:
Sell TATAMOTORS as remain below 390 we may
see 350/340 level in coming days, above 390 major resistances will be 405.
APOLLOTYRE
Buy APOLLOTYRE above 198 stock may show 210/215
level, remain below 198 more down side is expected.
CAIRN:
Sell CAIRN below 175 we may see 162/155 levels
remain below 175 levels.
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