Thursday, June 25, 2009

Nifty Btst book in good Profits

Banking, Power and Realty sectors are likely to outperform other sectors in today's trade. IT sector might witness some demand as gains in the technology laden Nasdaq might rub on to the Software stocks. Suzlon Energy has witnessed heavy buying among the NSE-50 stocks and the uptrend is likely to continue.

HDFC, ICICI Bank and Sterlite Ind remained subdued on Wednesday. Expect a mart pull back in ICICI Bank an HDFC, which might gain from reforms on the housing front. Dewan Housing Finance was also locked in 10 percent circuit as housing finance companies were in demand.

The stock of Educomp is on fire and surged by nearly 11 percent to 3,421 on news of investment from UK based publishing company, Pearson. Torrent Power gained more than 15 percent on huge volumes, on expectations of power reforms in the budget. Unitech, FACT, Glenmark Pharma and Pyramid Saimira are worth taking a look from a trading perspective.