Thursday, December 6, 2007

Asia opened in positive and the Indian market opened very strong. Nifty immediately crossed 6000 and Sensex 20000. The Sensex is trading at 20007, up 269 points and Nifty at 6015, up 75 points from the previous close. A handsome start to the midcap space. The market breadth is strong with 894 advances against 80 declines on the NSE.

Even at these levels, you can look at Siemens, CESC, BHEL, Network 18 and even Info Edge, says Shrikanth Chauhan, technical analyst with Kotak Securities, on NDTV Profit. The brokerage is also bullish on real estate stocks like Omaxe and Indiabulls Real Estate

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