Indian shares edged higher on Thursday tracking positive global shares. Sensex rose as much as 40 points while the Nifty50 index gained 15 points to 9,929. Gains in the market were led by IT and Pharma stocks with their respective sub-indices - Nifty Pharma and Nifty IT- rising 0.83 per cent and 0.14 per cent respectively. Among Nifty50 stocks, Mahindra & Mahindra was the top gainer up nearly 2 per cent followed by Yes Bank, Aurobindo Pharma, Sun Pharma and Eicher Motors, which rose between 0.90-1.65 per cent. Meanwhile, Bharti Airtel was the top loser in Nifty, down 2 per cent. Elsewhere other Asian shares rose on Thursday, taking cues from strong US data. Japan's Nikkei was almost flat while Australian shares ticked up 0.2 per cent. MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat with Hong Kong and South Korea, as well as mainland China, closed for public holidays.Here are trading calls shared by Lovelesh Sharma of Epic Research
Buy Chambal Fertilizers & Chemicals
for a target of Rs156 with stop loss at Rs 138
Buy RS Software
for a target of Rs 76 with stop loss at Rs 60
Disclaimer: Investors are advised to make their own assessment before acting on the information.