Market Commentary & Stock To Watch-10 September 2015

A rally in global markets took Indian stocks higher for the second straight trading session. The barometer index, the S&P BSE Sensex, jumped 365.71 points or 1.44% at 25,683.58, as per the provisional closing data. The 50-unit CNX Nifty rose 130.35 points or 1.7% at 7,818.60, as per the provisional closing data. However, both these key benchmark indices trimmed gains after a sharp intraday surge. The Sensex jumped 502.69 points at the day's high of 25,820.56 in afternoon trade. The Nifty jumped 157.80 points at the day's high of 7,846.05 in afternoon trade.

STOCKS TO WATCH

TATASTEEL:  
Sell TATASTEEL below 235 stock may show 210/200 LEVELS.

VEDANTA:
Keep selling but only on rise 60/50 levels are waiting………

HDFC:
Sell HDFCL below 1170 for the target of 1110/1080 in coming days, keep sell on rise.

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