The S&P BSE Midcap index surged 3.3 percent and S&P BSE Largecap Index added 1.89 percent, while Smallcap Index was up 1.47 percent last week.
The reaction to the US-China trade war on equity markets was nothing short of a bloodbath. Asian markets plunged while back home Sensex and Nifty recorded a cut of over 1 percent. The rout witnessed by the Indian market on Friday has eroded Rs 1.57 crore of investor wealth.
Stocks which led the rally on D-Street include names like Jaiprakash Associates which rose 49.82 percent, followed by MMTC which gained 47.16 percent, and Vakrangee rallied 26 percent in just five trading sessions.
Vijay Chopra of enochventures.com is of the view that one may buy Sintex Industries with a target of Rs 23.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Axis Bank, Dr Reddy's Labs, TCS and Wockhardt and can exit MMTC.
Ashwani Gujral of ashwanigujral.com suggests buying MMTC, LIC Housing Finance and Bajaj Electricals.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Colgate Palmolive, DLF and Tata Elxsi and can hold MMTC and Tata Communications.
Prakash Gaba of prakashgaba.com advises buying Bajaj Finance with target Rs 1820.
Analysts were expecting some sort of bounce back which has come considering the fact benchmark indices were trading near crucial support levels.
Ashwani Gujral of ashwanigujral.com recommends buying Idea Cellular with a stop loss of Rs 96, target of Rs 108, a buy on MOIL India with a stop loss of Rs 258, target of Rs 273 and a buy on Torrent Power with a stop loss of Rs 278, target of Rs 293.
According to Mitessh Thakkar of mitsshthakkar.com, one may buy Ashok Leyland and MMTC.
Mitessh Thakkar of miteshthacker.com recommends buying Ashok Leyland and MMTC.
According to Jay Thakkar of Anand Rathi Securities, one may buy Mcleod Russel with a target of Rs 188.50.
Sameet Chavan of Angel Broking suggests buying Bharat Forge with a target of Rs 1195.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Colgate Palmolive, Coffee Day, MMTC and Rolta India and sell Cipla.
Vishal Malkan of malkansview.com is of the view that one may sell Marico with a target of Rs 285.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
Ashwani Gujral of ashwanigujral.com suggests buying Escorts, BEML and Bharat Electronics.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy TVS Motor Company, MMTC and NHPC.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today -- Idea Cellular, Sun Pharma, DRL, Lupin, Aurobindo Pharma , Glenmark, Natco Pharma, Alkem Labs, Ajanta Pharma, Strides Shasun, Biocon, Cipla, Cyient, MMTC and Power Grid.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, gives a positive outlook on cement and few auto stocks.
Ashwani Gujral of ashwanigujral.com recommends buying MMTC and Dredging Corporation and advises selling Union Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NTPC and MMTC and sell Havells India.
Ashish Kyal of Waves Strategy Advisors advises buying MMTC with a target of Rs 60.
Ashwani Gujral of ashwanigujral.com advises buying Hindustan Copper, MMTC and Berger Paints.