The Domestic Market has started with strong note on wednesday. In the initial trading, the Nifty reached close to 10,300, while the Sensex managed to above 34,300. The Sensex and Nifty have seen an increase order of more than 1 per cent.
Buying activity seen in mid-caps and smallcap stocks. The BSE Mid-Cap index has increased 0.9 percent, while the mid-cap index of the Nifty is looking at more than 1 percent in the 100 index. BSE's smallcap index jumped nearly 1 percent.
At the moment, the 30-share index of the BSE Sensex is trading 355 points i.e. 1 per cent and trading at 34,202 levels. On the other hand, NSE's 50-share index Nifty is trading 114 points, i.e. 1.15 percent, at 10,261 levels.
Looking good at banking, realty, pharma, metal, auto, capital goods, consumer durables and oil and gas stocks. Bank Nifty is trading at 25,246 level with a jump of more than 1 per cent.
Intraday Trading Tips
HDFC: Buy, StopLoss - Rs. 1640, Target - Rs. 1770
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