Nifty and Stocks tips

Nifty Trend today

Unlike the yesterday's Closure in red, the NSE Nifty bounced back with a gap up of 1.6% on the last day of trading in the week. Friday. The BSE Sensex climbed up 250 points in the early trade.

The Sensex was up 255.58 points or 1.54% to 16,895.40 and the NSE Nifty  81.75 points or 1.62% to 5,124.75.

The US markets yesterday closed with 1.7% gains and even European markets rise up after European Central Bank (ECB) President Mario Draghi said, "ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough."

In the domestic market country's largest private sector lender ICICI Bank gallop upon 4%.

After a series of losses in the previous sessions Tata Motors bounced back with 3%

Sterlite Industries rose 4% and the ACC too gained 3% on strong results yesterday after market hours.

Tata Steel, Hindalco Industries, Sesa Goa, Bharti Airtel, State Bank of India, PNB, Bank of Baroda, Axis Bank, State Bank of India, Reliance Infrastructure, JP Associates, M&M, Infosys and Wipro also gained more than 1.5%.

HCL Tech, ITC and HUL made up a marginal rise and were up around 0.5-1%.

However, Sun Pharma was the only loser, falling 0.26%.