Trade Spotlight: What should investors do with PNB Housing, Solar Industries Redington?

Nifty50 hit fresh record highs for the second consecutive day in a row on Monday. Benchmark indices closed with gains of about 1 percent while the broader market indices underperformed.
Sectorally, the rally was seen in energy, metal, telecom, and oil & gas stocks while some profit-taking was seen in IT and auto space.
Stocks that were in focus include PNB Housing which rallied 20 percent to hit a fresh 52-week high, Solar Industries (up 11 percent), and Redington India (up nearly 20 percent). All…

Click here to view the original article.