Agri Commodity stocks are back in focus as stocks like LT Overseas, Lakshmi Energy and KRBL are on the radar of traders who are betting on increase in food prices.
Risky traders can bet on stocks like ANU LABS, SUNFLAG IRON & STEEL and CHENNAI PETRO for super returns in short term.
OnMobile Global has entered into separate strategic deals with Vodafone and Telefonica to provide a suite of VAS services. Buy on declines for a target price of Rs 700.
The near term direction of the markets will be dictated by the IIP (Index of Industrial Production) data, the progress of revived monsoon and global cues.
Chartists predict a trading band between 15,300 and 16,400 for the Sensex and 4,540 and 4,960 for the Nifty in the week ahead.
Cut short term longs if indices trade below 15,400 and 4,580 levels.
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