Markets were up today, The Nifty up by 159 points at 12074 and the sensex up by 530 points at 40889.The China and the USA have had positive trade talks, broad based buying in stocks is seen , Foreigners have poured in INR 17000 crores into the market,the index has breached 12000 points, indicating an upward spiral.
The impending rise in telecom prices, has increased telecom stocks prices. My opinion is to be careful in selecting stocks, have a selective buying in sectors.
