Key benchmark indices closed positive in the second consecutive week due to inflow by FIIs in Indian equities. Markets opened positive at the onset of the week and buying support was witnessed in frontline stocks. Among BSE sectoral indices, Capital Goods and Pharma were the biggest gainer for the week. On Monday, market will react to data on India's gross domestic product (GDP) for Q3 December 2013. Auto stocks will be in focus as companies from this sector will start reporting sales volume data for the month of February 2014 starting from 1st March 2014.
Techno- Funda Recommendation
Buy Voltas Limited between 126 – CMP (133.40) with close below stop loss of Rs 118 level for the target of Rs 168 ( Time Horizon :- 1-2 Months)