Indian shares are likely to open little changed on Friday, tracking flat trades in global markets and after the Reserve Bank of India’s monetary policy decision. On Thursday, the market saw its biggest one-day fall in 2019 with BSE Sensex falling 554 points to close at 39,530 and Nifty50 down 180 points to 11,844.
NSE
Among stocks, Ashwani Gujral is bullish on InterGlobe Aviation and Titan and bearish on YES Bank, Union Bank of India, and Reliance Capital. Mitessh Thakkar has a 'buy' call on CESC, Shree Cements, and Titan and 'sell' call on Karnataka Bank. Prakash Gaba was positive on Hero MotoCorp and negative on Raymond and State Bank of India.
Stock recommendations by top market experts for Friday:
Ashwani Gujral - ashwanigujral.com
- Sell YES Bank with a stop loss of Rs 147, target at Rs 135
- Sell Reliance Capital with a stop loss of Rs 114, target at Rs 106
- Sell Union Bank of India with a stop loss of Rs 75, target at Rs 68
- Buy Titan Company with a stop loss of Rs 1,255, target at Rs 1,300
- Buy Interglobe Aviation with a stop loss of Rs 1,655, target at Rs 1,700
Mitessh Thakkar - mitesshthakkar.com
- Buy CESC with a stop loss below Rs 747, target at Rs 786
- Sell Karnataka Bank with a stop loss of Rs 110, target at Rs 102
- Buy Titan Company with a stop loss of Rs 1,258, target at Rs 1,295
- Buy Shree Cements with a stop loss of Rs 20,350, target at Rs 21,200
Prakash Gaba - prakashgaba.com
- Buy Hero MotoCorp with a stop loss of Rs 2,730, target at Rs 2,850
- Sell Raymond with a stop loss of Rs 825, target at Rs 775
- Sell State Bank of India with a stop loss of Rs 345, target at Rs 325
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