BUY GAIL ABOVE 360 TGT 367/375 SL 350
Sensex settled the day at 30,921, up 64 points, while the broader Nifty50 was ruling at 9,521, up 17 points. indices rebounded to ended marginally higher after a day of subdued trading as caution ahead of the launch of a goods and services tax (GST) kept investors on edge. The indices ended the month of June in negative, first monthly loss this year, even after they rose a bit in the late afternoon deals. Unichem Laboratories surged 6.5% intraday. PVV Infra is locked at 5% upper circuit. Bank of Baroda surged as much as 3.8%.
Asian shares were hit by dismal performances of European and US markets. MSCI's index of world stocks came further off recent highs, dropping 0.14% to add to Thursday's sharp fall. European shares were flat in early deals on Friday, but were set to end June with their biggest monthly loss in one year as worries over tightening monetary conditions soured the mood. Earlier, the MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7%, after hitting a two-year high on Thursday. It is up 5.3% for the quarter and has risen 18.3% this year.TOP GAINERS:
BASF India Lt
Dr. Lal Pathlabs Ltd
Ultracab (India) Ltd