Sudarshan Sukhani of s2analytics.com recommends buying Tata Power with stop loss at Rs 63 and target of Rs 66 and Godrej Consumer with stop loss at Rs 630 and target of Rs 695.
Benchmark indices Sensex and Nifty snapped a two-day losing streak and ended with healthy gains on September 18 ahead of the outcome of the US Fed meeting. Rupee's healthy gain against the US dollar and easing global crude oil prices gave a leg up to investor sentiment. The Indian currency jumped 55 paise to end at 71.23 per dollar on September 18.
The Sensex index closed 83 points, or 0.23 percent, higher at 36,563.88, with 18 stocks in the green and 12 in the red. BSE Midcap and Smallcap indices outperformed Sensex, closing 0.39 percent and 0.30 percent higher, respectively.
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