Key Indian stock indices Sensex and the Nifty soared to new all-time highs in early trade this morning following BJP-led National Democratic Alliance surging ahead with a commanding lead in the early phase of counting.
With several blue chip stocks from across various sectors vaulting to impressive highs, the Sensex very nearly breached the 25,000 mark in early trade this morning, zooming to 24,956.60 in a flash. Paring some gains subsequently, the barometer is currently up 943.23 points or 3.95% at 24,848.83.
Intraday Trading Tips Today 16 May 14
SELL Petronet LNG with a target of Rs 131 and a stop loss of Rs 142.
SELL Divi's Laboratories with a target of Rs 1290 and a stop loss of Rs 1346.
BUY ONGC with a target of Rs 390 and a stop loss of Rs 369.
NSE BSE Hot Stocks for 16 May 2014 – Stocks to buy & sell today
RCF Ltd, Deepak Fertilisers Ltd, Cairn India Ltd, Infosys Ltd, ONGC & RIL, Orient Cement, Apollo Tyres Ltd