Today Nifty is hover near
5986.55-6017.00. The trend is consolidated; index did not take a high movement
but it is trading around psychological level of 6000. Global cues giving
positive support.
Among sector Index,
FMCG, PSU bank, and Finance declined. Bank Nifty trading below 0.16%. top Nifty
Gainers are Dr Reddy’s Lab, ambuja Cement, Cairn India, ACC and Infosys. Lupin,
PNB, Sunpharma, Bank of Baroda and Hindalco are in Nifty loser pack.
JET Airways shares
surged 6% gain on morning trade hits 615.00 on morning session. Gulf carrier
Etihad Airways invested in JET Airways and the deal likely to be completed in
this week.
Stock Recommendation
Bullish stock: Dr Reddy Lab, IDFC, Tata Motors, Bajaj Auto,
Axis Bank,SBI.
F&O Tips: Buy Bank Nifty Future
Jan 31 Target 12780.00.
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