NIFTY trading evidently higher amid positive global cues
NIFTY trading higher around 10,200 mark on Tuesday. Shares of government and private sector lenders rose following the government’s move to cut its first half borrowing plan to 48% of its annual borrowing plan. The Market breadth indicating the health of the market is significantly positive as all sector gauges compiled by NSE is trading in green.
In the global front, Asian market trading broadly higher today tracking U.S. market which closed higher on Monday. The Worldwide markets rallied on Tuesday following the reports of behind-the-scenes talks between the United States and China, which revived hopes that a destructive trade war could be averted.
Aggressive traders can pick the below stocks to trade in intraday.
AXISBANK: This stock is performing well among banking stocks. This stock can be bought for Intraday above Rs.523 with the stop loss of Rs.517.
JINDALSTEL: This stock is performing well in the turnover wise and price wise. This stock can be bought for Intraday above Rs.228.50 with the stop loss of Rs.225.50.