Indian market traded in green most of the time and closed with moderate gains. Banking stocks attracted major buying while Pharma and Oil-Gas appeared weak. The Sensex closed at 19151, up 143 points from its previous close, and Nifty closed at 5743, up 46 points.

The CNX Midcap index was up 0.8% and the BSE Smallcap index was also up 0.8%. The market breadth was positive with advances at 760 against declines of 519 on the NSE. The top Nifty gainers were SBI, Maruti Suzuki, Tata Steel and Axis Bank and prime losers included Wipro, RIL, Cipla and Sesa Goa. The FIIs were net buyers with investment worth Rs. 63.95 Cr (prov. cash market fig)

Market Outlook
In the next session, 5757-5760 may act as major resistance levels in Nifty, sustaining above which NIFTY may move up to 5810-5840 levels. 5710-15 may act as an immediate support in Nifty. Sugar, fertilizer and Metals may attract buying while Auto, Pharma and Oil-Gas may face selling pressure

Expected Bullish Stocks
M&M
TATASTEEL
ASHOKLEYLAND
INDIANB
PUNJLLOYD
BHEL
RENUKA
BANKINDIA
INDUSIND
SINTEX
BANKBARODA
INDHOTEL
UNIONBANK
HDFCBANK
RCF
GESHIP
MARUTI
NFL

Expected Bearish Stocks

FINANTECH
SESAGOA
CIPLA
WIPRO
RCOM
BHARTIARTL
HINDALCO
RIL
TCS
EXIDE
RELINFRA
AREVAT&D
GKAXO
ACC
FORTIS
SAIL
GRASIM
DRREDDY