Sensex rallies ahead of Diwali; M&M, Wipro, HDFC up

	Dated:25 October,2011

Sensex rallies ahead of Diwali; M&M, Wipro, HDFC up The Bombay Stock Exchange's Sensex ended near important resistance levels as investors bought frontline stocks ahead of Diwali festival. Interest rates may continue to be on higher side: Kotak Institutional Equities Consumer durables will actually be slowing down quite significantly in fact if you look at some of the anecdotal data on sales of Acs, fans. Muhurat Trading Diwali 2011: Buy Coal India, HDFC Bank Indian markets open each year to let traders make the auspicious Muhurat trade as the ring in the new samvat. Market Round-up SENSEX 17254.86 315.58 NIFTY 5191.60 93.25 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Pilani Investment and Ind 2,280.35 + 22703.50 Hotel Leela Venture Ltd. 41.75 + 16.13 Thinksoft Global Services 44.70 + 14.18 Alkyl Amines Chemicals Lt 96.90 + 12.67 Sezal Glass Ltd. 2.45 + 11.36 NSE Losers Scrip Price(Rs.) %Change Sanghi Polyesters Ltd. 1.10 -18.52 Vaswani Industries Ltd. 14.55 -18.26 M And B Switchgears Ltd. 318.55 -11.86 Deccan Chronicle Holdings 47.20 -11.78 Tijaria Polypipes Ltd. 13.40 -10.96 Views on Stocks/Markets Buy ABG Shipyard: Deepak Mohoni Wait and watch for Pratibha Industries: Vijay Bhambwani Real Estate on downtrend: Rajat Bose IPO/Global Markets World stocks mixed HK, China shares gain Asian shares mixed Rupee / Gold Gold edges higher Rupee up by another 16p Gold futures up 0.33 pc More 'Market' News Top 10 mid-cap stocks worth buying this 'Samvat 2068' Here are top mid-cap picks by analysts and brokerage houses that investors may use it to invest in 'Samvat 2068' Auto shares rally; Bajaj Auto, M&M at 52-week high Shares of Bajaj Auto and Mahindra & Mahindra Ltd rallied on Tuesday to touch their 52-week high after the RBI said it may pause the rate hike cycle. Rate sensitive stocks dip on RBI policy, HDFC Bank, ICICI Bank suffer most Following the RBI move the rate-sensitive stocks, mainly banking, saw massive selling pressure. HDFC Bank plummeted by 7.25%.