Overall, it was a good week for the Indian Stock Market which make cheers for traders and saw a couple of strong sessions that helped the Nifty to breach the level of 5500 mark for the first time since February 2008. The datas are:
* Sensex up 1.2% and Nifty up 1.4%.
* CNX Midcap index was up 2.5%,
* BSE Smallcap index up 1.7% over the week.
* BSE Realty index up 0.5%, BSE Bankex up 2.7%,
* BSE Metal index up 0.5%,
* BSE IT index up 0.1% and
* BSE Auto index up 1.2%.
Different calls from different Broking Houses are:
ICICI SECURITIES:
MARICO (PICK OF THE WEEK)
Current Market Price: Rs. 125
Target Price: Rs. 144 (three month)
Potential Upside: 10%
ADHUNIK METALS(AML)
Current Market Price: Rs. 119
Target Price: Rs. 144
Potential Upside: 21%
ALLCARGO GLOBAL LOGISTICS (ALLCARGO)
Current Market Price: Rs. 171.15
Target Price: Rs. 210
Potential Upside: 23%
NETWORTH CAPITAL:
SUN PHARMA INDUSTRIES LTD.(SPIL)
Current Market Price: Rs. 1,784.65
Target Price: Rs. 2,070
Potential Upside: 15%
JAYPEE CAPITAL SERVICES:
SESA GOA
Current Market Price: Rs. 328.20
Target Price: Rs. 391
Potential Upside: 19%
EMKAY GLOBAL:
JK TYRES & INDUSTRIES (JKT)
Current Market Price: Rs. 174.85
Target Price: Rs. 205
Potential Upside: 17%
AMBIT CAPITAL:
CIPLA
Current Market Price: Rs. 310.40
Target Price: Rs. 355
Potential Upside: 14%
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