IT
stocks led modest gains for key benchmark indices. However, a decline in
banking stocks pulled benchmark indices off the day's high. Benchmark indices
hovered in green throughout the trading session today, 5 August 2015. The
market breadth indicating the overall health of the market was positive. The
barometer index, the S&P BSE Sensex, was provisionally up 130.69 points or
0.47% at 28,202.62. Realty stocks edged higher on renewed buying. In overseas
markets, Asian and European stocks edged higher after the outcome of a monthly
survey showed that China's services sector showed continued strength in July.
STOCKS TO WATCH
SBIN:
Buy SBIN above 282 stock may show 300-310
level in coming days, below 282 major support will be 274.
ICICIBANK:
Buy ICICIBANK above 299 stock may show 325/335
level, remain below 299 more down side is expected.
UNIONBANK:
Buy UNIONBANK above 196 for the target of
208/214 in coming days, keep buy on dips.
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