Sudarshan Sukhani of s2analytics.com recommends buying Indraprastha Gas with stop loss at Rs 350 and target of Rs 365 and SRF with stop loss at Rs 2850 and target of Rs 3200.
Indian market remained in positive territory for the second consecutive session on September 23 as investors continued their buying spree in the wake of government's decision to slash corporate tax rate.
Sensex closed the day with a robust gain of 1,075 points or 2.83 percent at 39,090.03, with 16 stocks in the green and 14 in the red. The Nifty index jumped 326 points or 2.89 percent to settle at 11,600.20. Among the 50 stocks in the index, 32 logged gains.The strong gains of the last two sessions have made investors richer by Rs 10.35 lakh crore as the cumulative market capitalisation of BSE listed firms has jumped to Rs 1,48,89,652.44 crore from Rs 1,38,54,439.41 crore on September 19. On September 23 alone, investors' wealth increased by Rs 3.52 lakh crore.
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