Today we saw a small turnaround in Nifty the primary reason is BJP win in the Haryana election and global scenarios are also uplifting. we saw growth in banking and financial because a meeting is expected in RBI tomorrow and let’s see what happens.

We saw a small problem in metals and mining we saw a lot of stocks going down in this sector. The primary reason is that China’s stimulus does not cater to this sector well and India still export steel from China which is why we saw a small effect in metal and mining. we saw a good breakout in skipper Ltd. Skipper is a transformer company Novama has covered a buy rating on it , which is why we saw a breakout here.

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