Indian Market have been closed on a green signal for tomorrow. Both NSE and BSE traded flat today. BSE closed at 19501 up by 33 points and NSE index Nifty closed at 5898 up by almost 11 points or 0.18%. Today Public sector companies such as MMTC and Hindustan Copper gain 9.5 percent and 4.5 percent respectively on hopes of good demand in the upcoming stake sales by the government. On the other side Jet Airways fell as much as 8.68 percent, a day after the postponed deal with Etihad Airways.
Stock Tips India:
We suggest Jet airways as stock for tomorrow. There is a short terms buying opportunity In Jet Airways, because the deal has been postponed not cancelled. Just like the way we use to have that flip-flop in the United Distilleries acquisition, something similar is happening out here and because of this flip-flop you will get buying opportunity for traders. We suggest to go with a buy for Jet Airways for tomorrow.