Monday, 30 July 2012

Stock Tips 31-July-2012

Stock Market Closing  : 30-July-2012 
Nifty Updates On : 30-July-2012

Nifty Technical Levels :31-July- 2012
Stocks to buy : 31-July- 2012

BSE SENSEX and NIFTY rallied 300 points and 100 points respectively led by broad based buying. The NIFTY breached the resistance level of the 5200 mark as buying activity picked up across the board ahead of the Reserve Bank Of India’s policy meet tomorrow. Infrastructure stocks saw huge buying interest today, engineering and construction major Larson & Toubro and power equipment manufacturer BHEL were up 3.6%-4%. Index heavyweight Reliance Industries rose by 1% and metal stocks like Tata Steel, Jindal Steel and Sterlite Industries rallied more than 2.5%-3%. However, shares of Wipro and ONGC were only losers among largecaps, falling 0.9% and 0.36% respectively.

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