Stock Markets: After many days the domestic stock market indices are trading slightly positive. In the beginning there were good gains, but now they have fallen back a bit. The Sensex is currently trading at 58,150, up 80 points. Nifty is moving at 17 thousand 120 mark with a gain of 20 points. While HDFC Life, SBI Life Insurance, Hindalco, Bajaj Finserv and Bajaj Finance were performing well, Apollo Hospital, Coal India, Adani Ports, BPCL and NTPC were the losers. Investors are currently favoring profit buying. Sales are pouring in due to profit booking. Wall Street indices rallied as US banking stocks rallied. In the same order, the financial and banking shares here are booming. This made a stock top trending.
Same as Choice International Limited. It rose over 14 percent in the early hours of Wednesday’s session. Currently, it is continuing above the Rs.270 mark with a gain of more than 7 percent. Started in 1993, the company offers a wide range of financial services. It is engaged in services like broking and distribution, investment banking, financial services to business advisory, technical services, mutual fund distribution. Experts say that buying will be seen in this stock in the coming days. It is said that this stock will provide good profits for long term small cap investors and momentum traders. Note: This article is contributed by Dalal Street Investment Journal, the number 1 investment magazine. Click on this link for updates.
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