Indian market attracted good buying with almost all sectors closed in green. The Sensex closed at 18202, up 473 points from its previous close, and Nifty closed at 5456, up 146 points.

The CNX Midcap index was up 3.1% and the BSE Smallcap index was up 3.9%. The market breadth was positive with advances at 1225 against declines of 103 on the NSE. The top Nifty gainers were JP Associates, L & T, Suzlon and Tata Motors and prime losers included DLF and Siemens. The 147.64 Cr (prov. cash market fig)

Market Outlook
In the next session, Nifty is expected to continue buying up to 5555 level with 5400 as strong support. However, 5340 may act as another support level for NIFTY. Intraday traders are suggested to buy at dips. Banking and Metals may continue buying while Telecom and IT may stay comparatively weaker.

Expected Bullish Stocks

MCDOWEL-N
IVRCLINFRA
FEDERALBANK
NFL
DLF
KTKBANK
TECHM
EIH
JINDALSAW
EDUCOMP
OPTOCIRCUI
RELIANCE
JETAIRWAYS
HDFCBANK
TATAPOWER
APOLLOTYRE
UNIONBANK
SUZLON

Expected Bearish Stocks

GIDREJCP
SIEMENS
BPCL
IGL
AUROPHARMA
DISHMAN
SINTEX
PATNI
INFOSYSTCH
IDEA
WIPRO
NTPC
RCOM
MPHASIS
NHPC
COLPAL
GLAXO
TRIVENI