Time for Profit Booking in longs.To know more Subscribe to Believe It !!!
For More Stock and More Profit....Just Join Us.
Commodities might lead the bull run as the prices of metals firmed up due to the falling dollar. Crude was a major beneficiary of the weakness in the dollar. The price of oil touched $ 68 mark today in Nymex. Cairn India, Essar Oil and Reliance Petroleum might trade up. In the metal space we stock with Sterlite Ind.
Auto Stocks like Tata Motors and Mahindra might catch some attention as they are likely to benefit at least to some extent, by the branktptcy of US auto giant GM.We like Tata Motors in particular from the auto space.
There was some brisk trading in some select Hotel stocks yesterday. Hotel Leela has seen a volume of more than 12 million shares on the NSE and the scrip was locked in 20 percent circuit.Other stocks in the sector like Taj GVK and Royal Orchid ended with strong gains.HPCL, IndiaBulls Real Estate, Power Finance and GMR Infra along with airline stocks like Spice Jet and Kingfisher Air are the stocks to keep on radar for today's trade.