Auto, metals and IT stocks look strong: Analysts

Technical analysts see the Nifty heading to 18,600 this week and the Bank Nifty touching 40,000 — both hitting record highs in the process. Indian benchmark indices gained over 2% last week, with the Nifty cruising past 18,000 and ending the holiday-shortened week at 18,338. Analysts expect auto, metal and IT stocks to continue gaining.

via Economictimes