Continued buying interest in key stocks, firm worldwide cues and upbeat results of the companies led the Sensex to achieve a new peak of 19,095.75.
On this technical analyst, Vishwas Agarwal, said, “Ultimately our long awaited 5,678 was acheived today on NSE. Here I will take some rest, but there is a lot of opportunity for traders and also there are options in some stocks.”
As per views of Technical Analysts, Ranbaxy Labs is looking very fairly valued at current market price. The stock ended at 433.10 levels on Friday, down by Rs 9.20 or 2.08%.
Technical analyst, Vishwas Agarwal said the stock market was volatile mainly because of F&O expiry on yesterday, and some profit booking was also seen at upper level.