NDTV Profit spoke to a few analysts who spoke about their trading strategies.
The National Stock Exchange benchmark index started Friday's session above its important crucial psychological level of 9,200 tracking gains in Nifty futures traded on Singapore Exchange or SGX. The index rose 65 points to a day's high of 9,218.40 while the Sensex added 239 points to 29,825. Indian shares have been scaling new highs after the Bharatiya Janata Party (BJP) won state assembly elections in Uttar Pradesh with a historic majority. Analysts say that formation of a BJP government in Uttar Pradesh may accelerate economic progress in the state as greater economic cooperation between the central and state governments will result in faster project implementation. Meanwhile, NDTV Profit spoke to a few analysts who spoke about their trading strategies.