Benchmark BSE Sensex jumped 388 points to breach the 82,000-level for the first time while broader Nifty spurted 108 points to hit the record 25,000-mark in early trade on Thursday after the US Federal Reserve indicated a rate cut by September.
The 30-share BSE Sensex soared 388.15 points, or 0.47 per cent, to hit an all-time intra-day high of 82,129.49 in early trade
Buy Sundram Fasteners shares in the cash segment for a target of Rs 1,445 with a stop loss at Rs 1,390
Buy the Rs 165 call option of Tata Steel at Rs 6.2 for a target of Rs 11 with a stop loss at Rs 4
Technical pick: Buy BHEL futures for a target of Rs 308 with a stop loss at Rs 322
Fundamental pick: Buy Maruti Suzuki India shares for a target of Rs 15,300 with a perspective of one year
Investment idea: Buy NHPC shares for a one-year target of Rs 125
News-based pick: Buy Aster DM Healthcare shares for a target of Rs 356 with a stop loss at Rs 340
Expert Choice picks:
- Buy IIFL Securities shares for a target of Rs 218 with a stop loss at Rs 208
- Buy Interglobe Aviation shares for a target of Rs 4,380 with a stop loss at Rs 4,550
- Buy Bharat Forge futures for a target of Rs 1,780 with a stop loss at Rs 1,710
Nupur Jainkunia Stock Recommendations
Buy GE T&D India shares in the cash segment for a target of Rs 1,625 with a stop loss at Rs 1,570
Buy ONGC futures for a target of Rs 342 with a stop loss at Rs 328
Buy the 260 call option of Bank of Baroda for a target of Rs 11 with a stop loss at Rs 5
Technical pick: Buy Sanghvi Movers shares for a target of Rs 1,250 with a stop loss at Rs 1,155
Fundamental pick: Buy Sapphire Foods India shares for a six-month target of Rs 1,915
Investment idea: Buy PNB Housing Finance shares for a target of Rs 975 from a perspective of 12 months
News-based pick: Buy Puravankara shares for a target of Rs 465 with a stop loss at Rs 448
Expert Choice picks:
- Buy Selan Exploration shares for a target of Rs 790 with a stop loss at Rs 756
- Buy Coal India shares for a target of Rs 535 with a stop loss at Rs 515
- Buy Keystone Realtors shares for a target of Rs 740 with a stop loss at Rs 715