Market Commentary & Stock To Watch-15 September 2015

MARKET COMMENTERY


Favourable macroeconomic data aided gains for Indian stocks as trading for the week began. The barometer index, the S&P BSE Sensex, jumped 225.38 points or 0.88% at 25,835.59, as per provisional closing data. The 50-unit CNX Nifty rose 82.95 points or 1.06% at 7,872.25, as per provisional closing data. Metal, mining and power sector stocks led gains for key benchmark indices. The latest macroeconomic data showed pick up in industrial production growth, a benign current account deficit and wholesale prices continuing to remain in negative zone.

STOCKS TO WATCH

YESBANK
Buy YESBANK as remain above 720 we may see 750-760 level in coming days.

VEDANTA:
Keep selling but only on rise 60/50 levels are waiting………

AXISBANK:
Buy AXISBANK as remain above 490 we may see 510/520 level in coming days. 

Get more details about Bank Nifty  call on: 0731-6669900

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