Equity benchmarks closed at nearly two-month high. The Sensex rose 107.03 points, to close at 17,300.58 after showing 239 points recovery from intraday low of 17,061.55. The Nifty closed above 200 daily moving average, up 36.45 points to 5,235.70 led by metals, auto, capital goods, and index heavyweights Reliance and L&T.

Nifty is looking consolidate now. Today it has touched the intraday high of 5243.5 and a low of 5093.5. It may get more bull trend if it manages to trade above 5315, else below the 5150 level it will be down trend.

Karur Vysya, GAIL, Divis Labs, DB Corp, Bank of Baroda.