"Market enthusiasm continues. However, rising crude prices and higher yield are concerns as of now," said Anita Gandhi, Whole Time Director, Arihant Capital Markets. During the past week, the Sensex gained 438.54 points, or 1.28 per cent, while the Nifty rose 122.40 points, or 1.15 per cent.
"Inflation numbers of Monday will be eyed. Results season will be in flow with some heavyweights like Hindustan Unilever, Yes Bank, ITC and Kotak Mahindra will be coming out with earnings and of course, the after-effects of Infosys will further give some momentum," said Mustafa Nadeem, CEO, Epic Research.
Here are few trading calls shares by analysts:
Lovelesh Sharma of Epic Research
Buy Bharti Infratel for a target of Rs 405 and a stop loss of Rs 363
Buy L&T for a target of Rs 1,390 with a stop loss of Rs 1,302
Simi Bhaumik, research analyst
Buy Tata Global near Rs 325-323 with a stop loss of Rs 318 for a target of Rs 329 and 333.
Buy Escorts near Rs 810-812 for a stop loss at Rs 797 with a target price of Rs 820-827.
Disclaimer: Investors are advised to make their own assessment before acting on the information.