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​Top gainers from the Nifty pack included stocks like IndusInd Bank, Tata Motors, Bajaj Finance, Bajaj Finserv and ONGC, while laggards were Coal India, Adani Enterprises, Sun Pharma and Britannia. Here are stock recommendations for Tuesday.

Under the Ministry of Coal, NLC India operates three opencast lignite mines having a total of capacity 30 million tonnes per annum (MTPA) at Neyveli in Tamil Nadu, one opencast lignite mine at Barsingsar in Rajasthan with an installed capacity of 2.10 MTPA and an open cast coal mine at Talabira in Odisha with an installed capacity of 20 MTPA.

Valuation master Aswath Damodaran outlined the parameters and methodology for valuing banks, in a blog post which aimed to educate investors on the intrinsic value and worth of banks. Damodaran indicated that for banks, one can only value equity and therefore use price-to-earnings or price-to-book as parameters for valuing banks, with the future free cash flows to equity used as a measure of intrinsic value.

Investors should focus on long-term investments in the Indian market, according to Anshul Saigal, CIO of Kotak Mahindra AMC. He suggests building portfolios with 10-20 stocks to ride for the long term and to avoid taking short-term calls. Saigal believes that opportunities in the Indian market will ensure a golden period in the future. While the markets are near all-time highs, Saigal suggests allocating capital into various asset classes and holding some money in defensive opportunities. ould wait before making a call on it.

Gold prices traded higher in Asian trading hours on Monday as the yellow metal got support from weaker US dollar, Gandhi said.

Nifty at the close ended at 18,264, up over 1% or nearly 200 points, while Sensex zoomed 710 points and scaled to 61,764 levels.

Abhishek Banerjee of ICICI Securities, believes that ONDC is initially stealing business from aggregators, but it will limit the potential commission rates that they can charge. The discount offered by ONDC is currently funded by the company, which is unsustainable in the long-term. However, a 15-20% pricing difference between ONDC and aggregates like Swiggy or Zomato may be sustainable, which will attract price-sensitive customers.

The Nifty index ended above 18,250 points and formed a bullish candle on the daily chart, indicating that it is still in buy mode as long as it remains above the support of 18,200 points. Supports are placed at 18,181 and 18,081, while the index has a broader trading range between 17,800 to 18,500 points and an immediate trading range between 18,100 to 18,400 points. The daily and hourly momentum indicators signal a buy, and the consolidation range is estimated to be between 18,000 to 18,300 points. The expanding triangle shows that the Nifty may have obstacles at 18,330 to 18,350 points.

The 30-share BSE Sensex closed up 709.96 points at 61764.25

From the Sensex pack, IndusInd Bank, Power Grid, Kotak Bank, Tata Motors and HDFC were the top gainers