Technical Analyst, Ashwani Gujral is of the view that Reliance Energy can touch Rs 720.
Mr. Gujral said that Tata Power and Reliance Energy are the strongest options. Reliance Energy beyond Rs 580 is poised to go up to Rs 720 and for Tata Power, Rs 620 is a key level that should probably be headed in the direction of Rs 750-760.
“I think some rub off from the capital goods space, those electrical equipment stocks is now rubbing off even to the energy stocks,” He added.
Torrent Pharma ascended 6.61% to Rs 257.95 and topped gainers in BSE’s ‘A’ group shares. The other gainers in the list were ABB, LIC Housing Finance, Reliance Energy and GMR Infrastructure.
Freshly, Torrent Pharma Ahmedabad based healthcare company had instigated Rimonabant, which is an anti-obesity molecule, for the first time in India under the trade name Rimoslim. The drug aims many cardio-metabolic risk factors that can lead to obesity, type 2 diabetes or dyslipidaemia.
Technical Analyst, Ashwani Gujral is of the view that Reliance Energy can touch Rs 720.
ascended 6.61% to Rs 257.95 and topped gainers in BSE’s ‘A’ group shares. The other gainers in the list were ABB, LIC Housing Finance, Reliance Energy and GMR Infrastructure.
climbed up 1.05% to R
In early trades, Sun TV Network climbed 5.41% to Rs 1,610 on recording a 310.9%
After turning ex-dividend, Bajaj Auto lost 1.61% to Rs 2,095 in afternoon trading.
Continuing its recent rise, Reliance Petroleum gained 
