Mitesh Thacker of miteshthacker.com told CNBC-TV18, "The one trading opportunity which looks well-placed is Dr Reddy's Laboratories. The stock has had some kind of a minor break out. It is heading towards Rs 3,310 or so and now, it will be a good buy with a stop loss just below Rs 3,210."
Dr Reddys Laboratories closed at Rs 3,240.00, up Rs 41.15, or 1.29 percent. It has touched an intraday high of Rs 3,247.00 and an intraday low of Rs 3,196.05.