MSCI's broadest index of Asia-Pacific shares outside Japan rose to its highest since December 2007. Japan's Nikkei was up 0.5 per cent after brushing 20,980.92 - its highest since December 1996. South Korea's KOSPI added 0.2 per cent to mark a fresh record peak. Hong Kong's Hang Seng scaled a decade-high before dipping 0.05 per cent. In the US, Wall Street rose to yet another set of record closing highs overnight following a report that a market-friendly candidate was being pushed as successor to Janet Yellen at the helm of the Fed.
Market expert Lovelesh Sharma shared his trading calls:
Buy Axis Bankon dips for a target price of Rs 540 with stop loss at Rs 500
Buy Bajaj Auto for a target price of Rs 3,300 with stop loss at Rs 3,090
Disclaimer: Investors are advised to make their own assessment before acting on the information.