The Sensex rose over 100 points while the broader Nifty moved above its crucial psychological level of 8,300 on the back of buying in banking, oil & gas and power stocks. Meanwhile, NDTV Profit spoke to market experts on their top stock picks.
Sumeet Bagadia, associate director at Choice Broking
Buy Adani Ports with stop loss at Rs 275 for target of Rs 300-310
Buy Indian Oil with stop loss at Rs 340 for target of Rs 370-375
Buy Power Finance Corporation with stop loss at Rs 123 for target of Rs 135-140
Gaurav Bissa, derivatives analyst at LKP Securities
Buy Zee Entertainment with stop loss at Rs 460 for target of Rs 500
Buy Mahindra & Mahindra with stop loss at Rs 1,195 for target of Rs 1,300
Sell Infosys for target of Rs 965 with stop loss at Rs 1,010
Mehraboon Irani, principal & head - private client group business at Nirmal Bang Securities
Buy IRB Infrastructure Developers, Dalmia Sugar and Sterlite Technologies
Disclaimer: Investors are advised to make their own assessment before acting on the information.