Indian stock market extended gains from Thursday, on positive cues from other Asian equities and US markets overnight. The Sensex gained more than 150 points and the Nifty reclaimed the 10,200 level; the gains were led by Tata Motors, GAIL India and Coal India.
Indices were also supported by gains in shares of banks, automobiles and metal companies.
The S&P BSE Sensex was trading at 33,148, up 199 points while the broader Nifty50 index was ruling at 10,224, up 63 points.
In broader markets, the BSE Midcap and BSE Smallcap indices were up 0.7% and 0.9%, respectively.
Shares of Future Consumer rose nearly 13% after brokerage firm Morgan Stanley initiated coverage on the stock with an "overweight" rating and a target price of Rs95, implying 61% gains from current level.
CASH CALL: BUY KEC ABOVE 349 TARGETS 352/ 358/ 365 STOPLOSS 344
Indices were also supported by gains in shares of banks, automobiles and metal companies.
The S&P BSE Sensex was trading at 33,148, up 199 points while the broader Nifty50 index was ruling at 10,224, up 63 points.
In broader markets, the BSE Midcap and BSE Smallcap indices were up 0.7% and 0.9%, respectively.
Shares of Future Consumer rose nearly 13% after brokerage firm Morgan Stanley initiated coverage on the stock with an "overweight" rating and a target price of Rs95, implying 61% gains from current level.
CASH CALL: BUY KEC ABOVE 349 TARGETS 352/ 358/ 365 STOPLOSS 344
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