The Nifty is expected to trade in the range of 10,100-10,400 points during the week, D K Aggarwal, chairman and managing director of SMC Investments & Advisors, told news agency IANS (Indo-Asian News Service).
On Friday, the NSE Nifty closed up 0.97 per cent at 10,265.65, rising 1.42 per cent for the week, while the Bombay Stock Exchange (BSE) benchmark index, Sensex, ended 0.91 per cent higher at 33,250.30, climbing 1.27 per cent for the week. The 30-scrip BSE index posted its biggest weekly gain since early November.
Research analyst Simi Bhaumik shares her trading picks:
Buy ACC for a target price of Rs 1,784 with stop loss below Rs 1,725
Buy Adani Enterprises for a taget price of Rs 157 with stop loss below Rs 148
Buy Hindustan Zinc for a target price of Rs 300 with stop loss below Rs 288
Disclaimer: Investors are advised to make their own assessment before acting on the information.