The bulls seem to be all charged today! The market is holding on to its gains, with firm breadth. The Sensex is currently at 19,565, up 529 points from the previous close. The 30-share index touched an intra-day high of 19,625 in trade so far. Nifty is at 5852, up 157 points. All BSE sectoral indices are trading in the positive terrain. Market breadth is extremely positive, with 1,012 advances against 138 declines on the NSE.

A good level to enter Punj Lloyd would be Rs 475-480, says Gaurang Shah of Geojit Financial Services, on Zee Business. In another 8-12 months, the stock can go up to Rs 665 or even over Rs 700, he adds. It is currently trading at Rs 510.20, up 2% on the BSE.

Expect FY08 growth to be close to 9%, said P Chidambaram, Finance Minister, addressing a Microinsurance Conference, reports NDTV Profit. India is witnessing unprecedented growth rates, he adds.