Sensex jumps 300 points ahead of Gujarat elections- Day Trading Tips

Stock Tips Tomorrow, Money Maker Research, Financial Services, daily equity report, equity tips, Intraday trading tips, free stock trading tips, market closing report, stock market prediction, Day trading tips, Live Nifty Chart, Today's Equity Tips, equity tips free trial, Intraday Equity Tips, equity intraday calls, stock tips tomorrow, Stock Tips for Tomorrow, free intraday tips indian share market, Top Stock Advisory In Indore, Best Equity Intraday Call, Stock Future CallSensex rose 301 points to close at 33,250.30 and the Nifty also picked 10,250-level on Friday, on continued buying by domestic institutional investors amid positive global leads.

The BSE Sensex opened on a strong footing at 33,034.20 and kept up its upward trend to hit the day’s high of 33,285.68 before ending at 33,250.30, up 301.09 points, or 0.91%.  The NSE Nifty gained 98.95 points or 0.97% at 10,265.70, while the Nifty Midcap ended above 20-K mark, rising 0.93% to 20,014.75.

On a weekly basis, Nifty advanced 143.85 points, or 1.42%, while the Sensex gained 417.36 points, or 1.27%. Hopes that the BJP would win critical elections in Gujarat starting this weekend has contributed to the positive sentiment.

The Nifty auto index climbed 1.08% following news that auto-companies plan to hike prices next month. Maruti Suzuki is among the top gainers on the NSE index, rising about 2.15% to hit an all-time high. Banks stocks also rose, with the Nifty bank index jumping 1.05% in its second session of gains. HDFC Bank gained 1.8% while ICICI Bank rose 1.6%.

The top gainers on the Nifty include HPCL, ITC, IOC, BPCL, and Sun Pharma while Laggards included Infratel, GAIL India, ZEE Enterprises, Reliance Industries and SBI.

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