The markets closed with marginal gains today with IT, tech, realty and metal being the lead gainers. Power, auto and oil & gas, too, gained marginally while FMCG, consumer durables and heathcare lost substantially. The Sensex closed at 16439, up 22 points from its previous close, and the Nifty shut shop at 4990, up 4 points. The CNX Midcap index was down 0.5% while the BSE Smallcap index gained 0.2% in today's trade. The market breadth was positive with advances at 726 against declines of 673 on the NSE. The top Nifty gainers were HCL Tech, Cairn India, Wipro and Coal India while the biggest losers included ACC, BPCL, IDFC and SAIL.
STOCK IDEAS || SHARE MARKET RECOMMENDATIONS
1. BUY Bharti Airtel Ltd.
Short Term Target 345 Stop Loss 287
2. BUY Sun Pharmaceutical Industries Ltd.
Short Term Target 595 Stop Loss 557.25
3. BUY Shakti Pumps (India) Ltd.
Short Term Target 45 Stop Loss 38
<<---FILL THE FORM FOR NIFTY LEVELS 30 May 2012
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