The market has opened higher on Friday. Within minutes of opening, the Nifty moved above 6000 and touched an all-time high of 6042. The 50-share index is currently at 6006, up 52 points form the previous close. The Sensex is at 19,999, up 203 points.

If UTV can close above Rs 820 for two more trading sessions, then its immediate target would be Rs 950-980, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock soared 8.7% to close at Rs 872.60 on the BSE yesterday.

The market is likely to remain volatile and therefore some caution is advised in largecaps, says Pashupati Advani of Advani OTC Dealers, on CNBC-TV18. You can buy REL and Sterlite Industries at current levels