Indian shares are likely to remain range-bound on Tuesday, following subdued Asian peers. Stock-specific actions will continue amid March-quarter earnings. Shares in Asia fell despite another record high close for US stocks, as investors await US Federal Reserve's policy decision for clues of whether it will continue to take a "patient" approach to interest rate policy.

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NSE

Indian markets were closed on Monday on account of the voting day in Mumbai. On April 26, the market ended at day's high but for the week it was a flat close. The BSE Sensex gained 336.47 points to end at 39,067.33, while Nifty was up 112.90 points at 11,754.70.

Among stocks, Sudarshan Sukhani was bullish on Kotak Mahindra Bank, Infosys and NIIT Tech and bearish on Allahabad Bank and DHFL. Mitessh Thakkar has a buy call on HPCL, Cipla and ICICI Bank, and sell call on YES Bank.

Stock recommendations by top market experts for Tuesday:

Sudarshan Sukhani - s2analytics.com

- Buy Kotak Mahindra Bank with a stop loss of Rs 1,355, target at Rs 1,395

- Buy NIIT Tech with a stop loss of Rs 1,300, target at Rs 1,330

- Buy Infosys with a stop loss of Rs 732, target at Rs 745

- Sell Allahabad Bank with a stop loss of Rs 49.5, target at Rs 47.5

- Sell DHFL with a stop loss of Rs 146, target at Rs 142.5

Mitessh Thakkar - mitesshthakkar.com

- Buy ICICI Bank with a stop loss of Rs 400, target at Rs 420

- Buy HPCL with a stop loss of Rs 277.5, target at Rs 294

- Buy Cipla with a stop loss of Rs 558, target at Rs 585

- Sell YES Bank with a stop loss of Rs 242, target at Rs 224