Equity Benchmark indices settled the day on a higher note, extending gains for the fourth day straight, as investors remain optimistic ahead of the Union Budget next week. Better than expected corporate earnings also aided the sentiment. Nifty, Sensex posted their biggest weekly gains since May 27, led by gains in banking and financial stocks. The Sensex ended the day at 27,882, up 174 points, while the broader Nifty50 settled at 8,641, up 38 points. “Market continued to reach newer highs as Budget Day nears, investors are making sure to not miss the rally.
Top Gainers: BHEL, ICICI Bank, Bharti Airtel, NTPC, SBI.
Top Losers: ITC, Lupin, Wipro, HUL, Asian Paints.
Share Tips For Tomorrow (30th January)
Buy Liberty Shoes Ltd. above 178.2 Targets: 179.7, 181.4, 183.1 stop loss 174.60.
Buy KRBL Ltd. above 380 Targets: 383.5, 387.1, 390.5 stop loss 373.50.
Nifty Trend For Tomorrow
According to our technical analysis tomorrow Nifty Market seems to follow the Bullish Trend, with having the Support around 8608, 8574 and Resistance around 8674, 8706 Buying On Dips will be beneficial for the traders.