“Noteworthy support from heavyweight RIL spurred the rally, propelling the index. Global markets trading on a positive note further strengthened the rally,” said Om Mehra, Technical Analyst, SAMCO Securities.
Day trading stocks: Market experts have recommended nine stocks to buy today Solar Industries, Taj Gvk Hotels & Resorts, DLF, Kotak Bank, Havells, Natco Pharma, Inox Wind Ltd, Suven Pharmaceuticals Ltd and Poonawalla.
India Business News: MSCI included five new Indian companies in its Global Standard index and excluded 66 Chinese companies. GMR Airports Infrastructure was reclassified t
India s weightage in the MSCI Global Standard (Emerging Markets) index will reach a historic high of 18.2%. India s representation is expected to increase to around 18.5% after the February rejig, according to Abhilash Pagaria of Nuvama Alternative & Quantitative Research. The quarterly rebalancing could lead to significant inflows from passive FII funds.