technicals

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		Benchmark indices ended on closing high on Tuesday as BJP&#39;s wins in key state elections continued to boost sentiment, with auto stocks leading the gains, while strength across Asian markets also lent support.</div>
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		Blue chips benefited after PM Narendra Modi&rsquo;s Bharatiya Janata Party sealed victories in his home state of Gujarat and Himachal Pradesh, raising hopes of continued reforms.</div>
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	Auto stocks contributed the most to the indexes&rsquo; gains, with NSE Auto index climbing as much as 3.4% to a record high.&nbsp;</div>
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	Focus will now shifts to macros and earnings recovery now that the aseembly elections in Gujarat and Himachal Pradesh are out of the way. &nbsp;</div>
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	On Monday, Sensex tanked 867 points (2.6%) on opening as early trends showed Rahul Gandhi-led Congress ahead of the ruling Bharatiya Janata Party (BJP) in Gujarat &mdash; a state it has governed for 22 years. The 30-share index, however, settled the day 138 points higher. &nbsp;</div>

Markets end at new closing high: Sensex up 235 points, Nifty above 10,450

Business Standard

Markets end at new closing high: Sensex up 235 points, Nifty above 10,450 | News on Markets - Business Standard

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	<strong>Technical calls</strong></div>
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	BUY TCS&nbsp;</div>
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	CMP: Rs 2580.50 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</div>
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	STOPLOSS: Rs 2400 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</div>
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	TARGET: Rs 2800</div>
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	<a href="http://www.business-standard.com/article/markets/buy-tcs-beger-paints-cadila-healthcare-says-prabhudas-lilladher-117121900107_1.html"><strong>CLICK HERE FOR MORE</strong></a></div>

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	<strong>Today&#39;s picks</strong></div>
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	Devangshu Datta on Nifty, Bank Nifty, Coal India, Mahindra &amp; Mahindra, Hindalco</div>
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	<a href="http://www.business-standard.com/article/markets/today-s-picks-19-december-2017-117121900004_1.html"><strong>CLICK HERE FOR MORE DETAILS</strong></a></div>

<strong>Wall Street on Monday</strong><br />
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	Wall Street hit record closing highs on Monday as optimism increased about the likelihood of lower corporate tax rates as the Republican tax bill moved closer to passage. The Nasdaq surpassed the 7,000-point mark during the session but closed below that level.</div>
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	The Dow Jones Industrial Average rose 140.46 points, or 0.57% to 24,792.2, the S&amp;P 500 gained 14.36 points, or 0.54% to 2,690.17 and the Nasdaq Composite added 58.18 points, or 0.84% to 6,994.76.</div>

<strong>Asian markets</strong><br />
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	Asian stocks advanced on Tuesday. MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan rose 0.2%.</div>
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	Australian shares added 0.4%, South Korea&rsquo;s KOSPI climbed 0.6% and Japan&rsquo;s Nikkei gained 0.2%.</div>

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	<strong>Singapore Nifty</strong></div>
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	At 9:50 am, the SGX Nifty was trading at 10,427, up 26 points or 0.25%, indicating positive opening for the markets.</div>

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Markets end at new closing high: Sensex up 235 points, Nifty above 10,450

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