The week gone by was very momentous for the Indian stock markets as Sensex touched a new landmark of 60,000 on Friday while the Nifty50 ended 17,853.20 – its lifetime high levels. Over the week, the 30-share S&P BSE Sensex gained 1.75 pr cent while the broader market Nifty50 was up 1.5 per cent.

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Market Analyst Sandeep Jain said that markets ending on record highs on the last trading day of the weak speak volumes about the current strength. He was bullish on the banking stocks and said that they are expected to see gains when the markets reopen on Monday.

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The stock ended at Rs 681 on the NSE on Friday. He puts the target at RS 750 while the stop loss at Rs 650.

(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)