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Stock Tips 25-June-2012

Stock Market Closing : 22-June-2012
Nifty Updates On : 22-June-2012

Nifty Technical Levels :25-June- 2012
Stocks to buy : 25-June- 2012

BSE SENSEX and NIFTY traded in a volatile range bound session on WEDNESDAY bounced back on last trading hours as Investment bank JP Morgan upgraded Indian Equities from "Neutral" to "Overweight". The rating is provided on the basis of number of factories with their historic valuations, expectations of monetary stimulus and lower oil prices which took the market higher towards closing. However the rally was led by Oil & Gas stocks and Banking sector as the banking giants State Bank of India and ICICI Bank shot up by 2.9 percent and 2 percent respectively with HPCL and IOC up by 3 percent each while Reliance industries, Cairns and TCS traded under pressure.

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