The BSE benchmark Sensex today closed to two-year high of 19,906.41 points led by buying in banking and software stocks following postponement of GAAR amid hopes of interest rate cut after inflation declined to three-year low of 7.18 per cent.
The market sentiment was boosted by Finance Minister P Chidambaram's decision to defer implementation of General Anti-Avoidance Rules (GAAR) from April 2014 to 2016. Post the December inflation number, expectations of a rate cut have further strengthened the sentiment.
Intraday Stock Tips For Tomorrow 15 Jan 2013 :-
stock | positions | cmp | target | stoploss |
unitech | buy | 40 | 44 | 39 |
ongc | buy | 304 | 322 | 298 |
ultratech cem | sell | 1875 | 1800 | 1895 |
jublfood | sell | 1245 | 1200 | 1260 |
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