NOW ON THURSADAY, MARKET OPEN UP WITH IN LINE OF OTHER ASIAN MARKET, BECAUSE LAST 2 – 3 DAYE NIFTY GAIN HANDSOME GAIN SO NIFTY MIGHT GO FOR PAUSE OR SOME PROFIT BOOKING AFTER GAP-UP OPEN
Stocks on Dalal Street are likely to trade in positive territory and might keep their uptrend in tact. expect the benchmark index or the Sensex to gain nearly 50 to 80 points for the day. Most of the action will be limited to stock specific stories.
PSU stocks rocked the street on Wednesday after being mum for most part of the week. The PSU sectoral index gained more than 2 percent led by gains in Hindustan Copper, STC India and Dredging Corp which registered gains ranging from 15 to 18 percent. Healthcare is another space that looked good.
ARSS Infra, Tulsi Extrusions, Shasun Chemicals and Man Infra are some of the stocks in the Midcap space that looked strong in yesterday's trade. Tata Elxsi is one stock that is looking for a fresh break out after crossing the Rs 300 mark. Engineers India, Vakrangee Software and Jayswal Neco look interesting from a short term perspective