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Top stock picks by CapitalVia Global Research: Buy Marico, ICICI Bank

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Markets roar back after Budget shock; Sensex zooms 917 pts, Nifty at 11,980
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Gaurav Garg Mumbai
Market traded in close range on Friday; 12,000 would be crucial for next week

Market traded in a close range on Thursday as traders turned cautious ahead of an extended weekend since equity markets remained closed on Friday due to Mahashivratri. The Nifty closed at 12,080.90 on Thursday, shedding 45 points. PSU banks, Metal and Private banks traded with positive sentiments whereas IT and FMCG stocks traded with weakness. Nifty bank closed at 30,942.85, adding 104.65 points from the previous day’s closing.
 
As per the weekly option data, handful of call writing on higher strikes ranging from 12,100 to 12,200