Benchmark indices regained some momentum after trading off the high points of the day. The Sensex was up 122.68 points at 31260.27, while the Nifty was up 29.65 points at 9645.75. The market breadth was narrow as 1,340 shares advanced against a decline of 895 shares, while 140 shares were unchanged. Bharti Airtel and Cipla were the top gainers, while Tata Steel, HUL and Indiabulls Housing Finance lost the most on both indices.
TVS Motor Company is up by 2.7% at Rs 548 per share. It has also hit a 52-week high value of Rs 564.55. Hero Motocorp is up by 2.2% at Rs 3816 per share, Motherson Sumi is up by 1.8% at Rs 456 per share. It also hit a 52-week high value of Rs 457.70. Tata Motors is also up by 1.5% at Rs 483 per share. All the major auto stocks are surging due to good sales performance for the month of May 2017. Meanwhile, GVK Power witnessed a sharp surge. It is up 8.2% at Rs 5.62 per share.
BUY FLFL ABOVE 363.80 TARGETS 367.40, 371, 374.60 STOPLOSS 356.60
BUY QUESS ABOVE 934 TARGETS 943.30, 952.60, 961.90 STOPLOSS 915.40
BUY TIMETECHNO ABOVE 160.80 TARGETS 162.40, 164, 165.60 STOPLOSS 157.60
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