BSE Sensex is just 90 points short from achieving the dream level of 30,000 of many investors and traders. On other hand NSE Nifty spot is just 60 points short from touching the level of 9300. In upcoming time Indian stock markets keep the strength to maintain these levels consistently for long time. In case share markets fall by chance for any reasons, then there will be good chances of investment too. Credit policy is scheduled to be announced on Thursday and market is expecting better results this time as compared to previous quarters. Market may not see much lower levels from here even after witnessing heavy selling pressure.
Government banking stocks are expected to see a big consolidation in the price in upcoming time. In government banking sector, stocks like SBI, Bank of India, Bank of Baroda, Union Bank of India while in private sector banking stocks like HDFC bank, Axis Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, and Indusind Bank will be top preference among intraday traders and investors on NSE & BSE.