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After a day-long consolidation on Monday, equity benchmarks opened positive led by banks, FMCG, auto and oil & gas stocks. The stock market mirrored Asian gains, which picked up momentum after the Chinese market's 3.6 percent fall yesterday.
The Wall Street had closed higher in late day rally as investors resorted to the trend of buying on dips and pushing major indexes near all-time highs; Europe had closed flat.
Free Intraday Stock Tips
1. BUY Aurobindo Pharma Ltd. Intraday
Target 161 Stop Loss 158.
2. BUY Bharat Petroleum Corporation Ltd. Intraday
Target 387 Last Traded at 388.10
3. BUY IRB Infrastructure Developers Ltd. Intraday
Target 118 Stop Loss 114
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