Benchmark indices Sensex and Nifty hit their new all-time high levels in early trade on Friday amid a rally in global markets, buying in Reliance Industries and fresh foreign fund inflows.
The 30-share BSE Sensex jumped 308.49 points to hit a fresh record peak of 79,551.67. The Nifty climbed 103.75 points to hit a new lifetime high of 24,148.25.
Among the 30 Sensex companies, Sun Pharma, NTPC, Tech Mahindra, Reliance Industries, Tata Motors, Asian Paints, Tata Steel and Nestle were the biggest gainers.
Buy Rail Vikas Nigam Ltd (RVNL) shares in the cash segment for a target of Rs 418 with a stop loss at Rs 404
Buy Dr Reddy’s Laboratories futures for a target of Rs 6,112 with a stop loss at Rs 6,000
Buy the Rs 1,480 put option of Cipla for a target of Rs 53 with a stop loss at Rs 37
Fundamental pick: Buy FIEM Industries shares for a target of Rs 1,482 with a perspective of one-month
Investment idea: Buy Campus Activewear shares for a one-year target of Rs 363
News-based pick: Buy KEC International shares for a target of Rs 885 with a stop loss at Rs 857
Buy Sona BLW Precision shares in the cash segment for a target of Rs 660 with a stop loss at Rs 630
Buy Polycab India futures (July) for a target of Rs 7,410 with a stop loss at Rs 7,150
Buy the 173 call option of Tata Steel at Rs 6.4 for a target of Rs 10 with a stop loss at Rs 4
Technical pick: Buy PVR INOX futures (July) for a target of Rs 1,500 with a stop loss at Rs 1,440
Fundamental pick: Buy Exide Industries shares for a one-year target of Rs 670
Investment idea: Buy UltraTech Cement shares for a one-year target of Rs 13,000.
News-based pick: Buy Pidilite Industries futures (July) for a target of Rs 3,290 with a stop loss at Rs 3,150
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)
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