NIFTY all set to kick start corporate earnings season. The 50-share NSE index NIFTY rose 0.40% to finish at 10458.65 on Thursday. The Indian benchmark NIFTY rose for sixth straight day led by gains in Information technology stocks and posted their longest winning streak since late January. The sentiment in India took a hit as investors expecting some encouraging quarterly results and awaiting optimistic March retail inflation data due later today for cues about the economy.

Looking overseas, European markets trading higher rebounding from day’s low while Asian markets finished lower on Thursday. The Global Markets rebounded slightly after U.S. President Donald Trump tweeted unclearly about when a possible Syria military strike might take place.

Among sector gauges compiled by the NSE NIFTY IT, NIFTY PVT BANK and NIFTY FIN SERVICE excelled as top sectoral gainers while NIFTY REALTY, NIFTY METAL and NIFTY PSU BANK are top sectoral losers.

From the NIFTY 50 basket of shares, HCLTECH, TCS, INFY, TECHM, AXISBANK and INFRATEL outperformed as top gainers while VEDL, LUPIN, DRREDDY, TATASTEEL, SUNPHARMA and ULTRACEMCO are the top losers.

Top stocks to watch on Friday 13 April

TCS: This stock surged by 4.15% and closed at Rs.3139.25 on Thursday. This stock trading volume inflated 172% with numerous intraday trades. Derivative traders were aggressive in adding long positions and the Open interest gained by 7.37%. This stock is currently settled above the recent resistance zone and the short term support is around Rs.2804.

DISHTV: This stock surged by 8.52% and finished at Rs.80.25 on Thursday. This stock trading volume inflated 10 times with numerous intraday trades. The strength of the buyers is visible through the todays gap appeared in the daily chart. This stock is currently settled above the recent resistance zone and the short term support is around Rs.65.

TECHM: This stock surged by 3.07% and finished at Rs.652.8 on Thursday. Derivative traders were aggressive in adding long positions and the Open interest gained by 4.27%. This stock is currently settled above the recent resistance zone and the short term support is around Rs.604.

TATAELXSI: This stock surged by 2.62% and finished at Rs.1069.9 on Thursday. This stock trading volume inflated 173% with numerous intraday trades. This stock is currently settled above the recent resistance zone and the short term support is around Rs.965.

GODREJIND: This stock surged by 2.84% and settled at Rs.575.3 on Thursday. This stock trading volume inflated 172% with 57% of deliverable trades. This stock is currently settled above the recent resistance zone and the short term support is around Rs.521.

NIITTECH: This stock surged by 2.83% and finished at Rs.916.25 on Thursday. This stock trading volume inflated 83% with numerous intraday trades. This stock is currently trading inside the trading range and the support is seen around Rs.853 and resistance is seen around Rs.970.

HCLECH: This stock surged by 4.42% and settled at Rs.1010.05 on Thursday. This stock trading volume inflated 237% with numerous intraday trades. This stock is currently settled above the recent resistance zone and the short term support is around Rs.918.

HAVELLS: This stock surged by 3.28% and to close at Rs.548.25 on Thursday. This stock trading volume inflated 70% with numerous intraday trades. This stock is currently settled above the recent resistance zone and the short term support is around Rs.487.

TATAPOWER: This stock trading volume inflated 78% with numerous intraday trades. This stock is continuously climbing for 4 days to settle above the recent resistance zone and the short term support is around Rs.78.