That was another recovering sessions yesterday which was most expected with positive cues from around the world.The sensex gained 240 points to close at 19603 levels and nifty gained 102 points to close at 5865 levels.The over all mood of the investors was very positive.There was also some fresh fund inflow by the FIIs anticipating Fed rate cut.The crude oil prices also eased to 88$/barrel.

The star attraction was Reliance Energy which was recommended yesterday gained close to 10% when the news came that the company was investing 8000 crore in the infrastructure space.The other attraction was IFCI which also made some smart gains for the investors.We are expecting that in the coming days the reality sector will be the market out performer.So the stocks can be accumulated at every dip to make some decent return in 2-3 months horizon.

In the very short term the markets are expected to consolidate and remain range bound.The US markets also had a flat day yesterday with Dow and Nasdaq closing marginally down basically due to slow growth of some major Auto sector companies like Ford,Toyota and GM.The Asian markets are also following the same pattern.The Indian share markets may also remain subdued.

PVR called yesterday was up by 10%,IFCI was up 12.9%,Ispat was up by 5.5%,REL was up by 9.32%,Sterlite was up by 4.6% and so on.Lets have a watch on a few stocks for today.

IFCI cmp 106.8
Essar shipping cmp 64.85
Varun Industries cmp 111
Hindustan Zinc cmp 830
Lanco infra cmp 561
Gitanjali gems cmp 464
Prakash Industries cmp 252
Nagarjuna Fer cmp 82
PVR cmp 302
ILF&S Invest cmp 290

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