MARKET COMMENTERY
Favourable
macroeconomic data aided gains for Indian stocks as trading for the week began.
The barometer index, the S&P BSE Sensex, jumped 225.38 points or 0.88% at
25,835.59, as per provisional closing data. The 50-unit CNX Nifty rose 82.95
points or 1.06% at 7,872.25, as per provisional closing data. Metal, mining and
power sector stocks led gains for key benchmark indices. The latest
macroeconomic data showed pick up in industrial production growth, a benign
current account deficit and wholesale prices continuing to remain in negative
zone.
STOCKS TO WATCH
YESBANK
Buy YESBANK as remain above 720 we may see
750-760 level in coming days.
VEDANTA:
Keep selling but only on rise 60/50 levels
are waiting………
AXISBANK:
Buy AXISBANK as remain above 490 we may see
510/520 level in coming days.
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