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Let us take a quick glance at what happened on Dalal Street today.
Benchmark indices surged higher with Sensex logging a record close. Gains were led by Titan Company, L&T and select financial stocks. Both Sensex and Nifty hit their record highs during the session. Nifty50 touched the 15,700 level, before closing at 15,686, up 109 points. BSE Sensex advanced 383 points to end at 52,232.
We have Vinod Nair from Geojit Financial Services to share his views on stocks and sectors:
Welcome to the show, Mr Nair:
>> Benchmark indices are ruling at record high levels. Do you think one should take some profits off the table?
>> Will the rally in sugar stocks sustain?
We also caught up with Rohit Singre of LKP Securities to decode the technical charts for you.
>> What levels can Nifty50 see in the coming days?
>> What are Nifty Bank charts suggesting? Do you think that banks can support Nifty50 going ahead?
Asian markets ended mixed for the day. Major European markets were trading lower in the first few hours of trade. US stock futures were hinting at a negative start on Wall Street later in the day.
That’s all for now. Do check out ETMarkets.com for all the news, market analysis, investment strategies and dozens of stock recommendations. Enjoy your evening. Bye Bye!
