Bulls ride high on FII buying
SKS Micro hits 20 pct circuit, Realty shines again
Dalal Street witnessed a stunning upmove as FII buying propped up the indices, giving a jolt to majority of the analysts who are predicting another round of correction to 5200 levels.
Gainers Today
SKS Microfinance Ltd., Selan Exploration Technology Ltd., Delta Corp Ltd, Tata Teleservices (Maharashtra) Ltd., DB Realty Ltd.,Godrej Industries Ltd., Anant Raj Inds. Ltd. are among major gainers today.
Markets : 5700 taken out in style
Nifty has taken out 5700 in style, sending investors into a euphoric mood. We expect retail investors to jump into the markets in the coming days as macro economic headwinds slowly but surely die down. As expected Realty is the first sector to bounce back and expect a bigger upmove in the coming days. DLF, Unitech, Orbit Corp, Anantraj are among the stocks that are drawing first blood.