today was a remarkable day for the traders as well as the investors as leading names lead the rally and every dip was seen as an entry point both by the domestic as well as institutional investors. The star of the day has to be reliance industries whose GDR doubled at the LSE and was up 3% on the sensex by the end of the trading session. Banks , autos , financials all participated in the liquidity and positive momentum rally taking cues from the US and asian markets.
commodities and PSU'S didnt drag either both posting handsome gains. In commodities space GOLD was again the sparkling spor with its futures showing no signs of slowing down
Now...the tips for tomorrow....
buy calls...
1) pratibha industries
2) tanla solutions
3) bank of maharashtra
4) union bank/corporation bank
we maintain underperform on telcom and media
Monday, November 23, 2009
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