It was a relief day after losing nearly 500 points on monday.Sensex has gained nearly 150 points after a volatile session yesterday. All the sectors have done well in yesterdays trade .
US markets did the same and gained 86 points. Buying came in Banking and IT stocks . Crude is trading below 50$ a barrel with high inventory report from US as the industries cut the production costs
Asian markets which were shaky in the morning are recovering and are positive . NIKKIE is gained more than 2.5%
Indian markets are expected to gain in the opening trade. As the global sentiment is positive we see markes to be in the positive territory the full trade. Banking and Reality sector to do well in todays trade. SBI, HDFC BANK, AXIS BANK & PND are our favourites.
As we are recommending from last few sessions on SUGAR sector the stocks did well in yesterdays trade and we see today also the run may continue. Members those are in profits should book profits in the trade today. We advice members to go long in todays trade.
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