*[3/16/2017, 08:22] Atul Vitha:* FED raised key rate by 0.25% to new range of 0.75-1% and growth forecast raised for 2018, most Asian markets climbed after FED hike and so SGX also up around 1%.
Assuming sharp short covering in Indian market behind global markets. And many funds are sitting on cash slightly higher that will helps NIFTY to climb higher levels.
As earlier cement stocks looking good for long and 2 wheeler stocks and auto components stocks will reflect positive. Expecting Govt may start big spending in UP and may start some reforms for economical growth. Which will reflect positive in GDP.
NIFTY may touch 10000 to 10500 level in 4 months.