Wednesday, February 16, 2011

The Indian markets traded in a tight range all throughout the day and closed the session on a subdued note. Investors remained on the sidelines, which led to a lacklustre trade amid volatility. The Nifty touched the 5500 mark during the day and closed the session below that level. Realty, metal and consumer durables stocks led the upmove while healthcare, auto and PSU stocks were under pressure. Broader markets outperformed the Sensex, with Mid-cap and Small-cap indices rising by 0.53% and 1.01% respectively.The Sensex shut shop 27 points higher at 18301 and the Nifty remained almost unchanged at 5482.
Stocks to watch Tomorrow,
Genus power Infrastructure Ltd,
Cmp:17.85,
Action:Buy,
Target:27.00.
Elecon Engineering Co Ltd,
Cpm:73.70
Action:Buy,
Target:96.00.
Surya Roshni Ltd,
Cmp:108.40,
Action:Buy,
Target:135.

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