Equity benchmark indices climbed in early trade on Monday tracking a firm trend in other Asian markets and steady foreign fund inflows.
BSE with 30 shares Sensex In early trade, it climbed 164.79 points to close at 59,997.76. The broader NSE Nifty rose 52.55 points to 17,651.70.
Tata Motors jumped more than 7 percent in the Sensex companies. Other major gainers included Titan, Larsen & Toubro, NTPC, Mahindra & Mahindra, Wipro, Power Grid, Tata Steel, ICICI Bank, Tata Consultancy Services, HCL Technologies and Infosys.
Asian Paints, Maruti, Bajaj Finance and IndusInd Bank were among the laggards.
In Asian markets, Seoul, Japan and Hong Kong were trading in the green, while Shanghai declined.
Meanwhile, domestic brokerage and research firm Motilal Oswal has recommended five stocks for investors.
Motilal Oswal has listed 5 stocks as top investment ideas –
ICICI Bank
Rating: Buy | CMP: 875 | Target: 1,150 | Upside: 31%
Coal India
Rating: Buy | CMP: 222 | Target: 275 | Upside: 24%
Tata Motors
Rating: Buy | CMP: 438 | Target: 540 | Upside: 23%
Sun Pharma
Rating: Buy | CMP: 1,012 | Target: 1,220 | Upside: 21%
Titan
Rating: Buy | CMP: 2,548 | Target: 3,070 | Upside: 20%
disclaimer, The views and recommendations given above are of individual analysts or broking companies and not of Mint. We advise investors to do due diligence with certified experts before taking any investment decision,
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