The week gone by was quite eventful for the stock markets as Nifty50 ended at record highs amid rising crude oil prices and favourable US market cues. The Reserve Bank of India (RBI) Monetary Policy announcements also soothed the domestic markets. While maintaining the status quo on key policy rates and continuing its accommodative stance, the Central Bank assured the markets that the liquidity will not be scaled back.

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The Nifty50 gained 2 per cent over the week to end around 17,895 on Friday while Nifty Bank also gained 1.5 per cent.

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Another stock picked by him was from a positional term view. This stock is Endurance Technologies Limited. The stock was recommended for buying around levels of Rs 1629. He puts the target price at Rs 1690 and Rs 1730 with a stop loss of Rs 1590.