Today's Market Influencer :
Today Movement - Neutral to Positive
US market Future Indices and Asia Indices are positive as USA deal signing is scheduled for tomorrow and all indices touch new high. The oil prices are at $64.39/bbl(0.25%) as tensions have eased but China-USA deal might bring some demand in 2020. USDINR at 70.71(0.00%) as crude falls and de-escalation happens.
We expect markets to be Neutral to Positive as Budget anticipation rally will continue at new high along with new money getting attracted in broader market.
Important Close Level is 11894/12460
Stock of the Day :
Bandhan Bank Ltd. - Buy - Stop Loss 502 & Target - 530/540
(IMP : Do not trade if opens at Stop loss/Target levels)
Bank is due to announce results today there might be second day anticipation rally as Gruh integration update will come and important will be asset quality to track as protests occurred in main area of presence.
We would be positive for intraday trade.
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