It was a good day for the market today! A little volatile in the morning, it got better towards the afternoon; of course, aided by the positive political news. The Sensex closed above 19,000, at 19,035, up 298 points from the previous close. Nifty shut shop at 5695, up 78 points. Capital goods, banking, metals, realty and power stocks gained the most. Top Sensex gainers included NTPC, HDFC Bank and L&T, while losers inclued Wipro, M&M and Hindalco.

MRPL still has a lot of momentum, says Anil Maghnani, technical analyst, on NDTV Profit. So buy the stock on dips, he suggests. The stock closed at Rs 96.75, down 2.5% on the BSE.

The Nifty may touch 6200 by early December, says Amitabh Chakraborty, President (Equity), Religare Securities, on CNBC-TV18. Intra-day movement of 600-700 point is something that the market should be ready for now, he adds.