Share Market LIVE: Sensex breaches 51,000, Nifty above 15,100; Bajaj Finance, Axis Bank top gainers

Nifty Metal index jumps over 2.5%

Barring Nifty Auto and Nifty Pharma indices, all the sectoral indices were trading in the green. The Nifty Metal index surged over 2.5 per cent.

Midcap, small cap indices hit fresh highs

Nifty Midcap 100 index hit a record high of 24,384.35 in Wednesday’s strong trade. Similarly, Nifty SmallCap 100 index surged nearly one per cent to scale a fresh 52-week high of 8,423.40.

Technical stocks to buy: Infosys, HDFC, others look strong on charts; Nifty eyes 15,065 target

The market has formed a continuation formation followed by the formation of the Harami pattern which it has formed on Monday. It is bullish for the market. Also, the Nifty/Sensex closed between the bearish gap, which it had left between 15065-14919 / 50250-50991 last Friday. The market breadth was also encouraging as along with IT and FMCG we saw bullish activity in financials. Based on the daily chart the Nifty/Sensex is heading for the minimum target of 15065/50750. 

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