Sensex surges 400 points; Nifty above 18,600; all index stocks gain; Nifty Bank at record high
On the sectoral front, Nifty IT (+1.42%) and Media (+1.71%) stocks are trading with the most gains.
Recommendation: Buy; Target Price: Rs 2400
The stock surged as much as 13.2%.
Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Kotak Nifty 200 Momentum 30 Index Fund.
Company's stock price rises after its profit in the March quarter increases y-o-y by 31.3%.
Nifty Metal, Nifty Bank, and Nifty Financial Services in red.
On the sectoral front, all indices advanced.
Adani Enterprises skyrocketed 18% today.
Recommendation: Add; Target Price: Rs 3675