The S&P BSE Sensex surged over
200 points in morning trade on Thursday after the US Federal Reserve maintained
its status-quo stance on the key benchmark rate, after reduced the number of
interest rate hikes expected this year to two from four earlier.
The rally in the index was led by
value buying in ICICI Bank, HDFC, Infosys, RIL, and L&T.
The Nifty50 reclaimed its crucial psychological level of 7,550 supported by gains in realty, power, oil & gas, metal, consumer durable, and banking stocks.
The Nifty50 reclaimed its crucial psychological level of 7,550 supported by gains in realty, power, oil & gas, metal, consumer durable, and banking stocks.
The Sensex has closed higher by 131 points on Wednesday while the 50-share Nifty50 ended at 7,498.
Shares of Lycos slumped over 9 per cent in early trade on Monday. Meanwhile, ICICI Bank surged 4 per cent, ONGC 3 per cent.
ACCURATE STOCK TRADING TIPS
BUY VADILALINDUSTRIES ABOVE 637 TG 642, 648, 656 SL 630,
SELL SUNPHARMA BELOW 835 TGTS 831.75, 825.75, 818.75 SL 838.30
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