Sensex rises over 150 points, Nifty around 9450; Expert Views

Stock Market News: Equity benchmarks continued to trade higher in morning, backed by banking & financials, metals and auto stocks. The 30-share BSE Sensex rose 121.43 points to 30,309.58 and the 50-share NSE Nifty gained 39.45 points at 9,440.35. The broader markets extended gains, with the BSE Midcap and Smallcap indices up 1.1 percent and 0.8 percent, respectively. About 1454 shares advanced against 948 declining shares on the BSE. ITC, ICICI Bank, HDFC, SBI and Mahindra & Mahindra were leading contributors to Sensex gains while Infosys, Reliance Industries, TCS, Adani Ports and Wipro were losers.

Expert View: Yes Bank, Titan, and Idea Cellular, among others, are on the radar of analysts on Monday.

Commodity Market News: Basmati exports from the country was seen a decline of about 4.90 percent, the export share of Basmati from the country is about 20 percent. The export volume for Basmati is estimated at 4 million tons against the 4.046 million tons of previous year. The domestic prices of Wheat and Maize have remained higher than the global market even though the export value and volume declined. This has also restricted the prospects of Indian commodity exports in the global market.

Call for the day: CALL BUY: SILVER JUL ABOVE 38450 TARGETS 38700/39000 STOP LOSS 38150

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