Indian benchmark Indices are likely to open lower on Friday as global markets remained cautious ahead of the planned tariff hike by the US on Chinese goods worth $200 billion today. Markets will look to whether negotiators from the two countries can clinch a deal to avert the hike.

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Indian shares fell for the seventh straight session on May 9. The Sensex slipped over 200 points and the Nifty closed just above 11,300 levels on the back of weak global cues. At close, the Sensex was down 230.22 points at 37,558.91, while Nifty was down 57.70 points at 11,301.80.

Meanwhile, Asian shares on Friday inched up from two-month lows with MSCI’s broadest index of Asia-Pacific shares outside Japan up 0.2 percent and Japan’s Nikkei rising 0.4 percent.

Among stocks, Sudarshan Sukhani is bullish on Lupin, ICICI Bank and DCB Bank, while bearish on Bharat Forge and United Spirits. Mitessh Thakkar has a 'buy' call on Ajanta Pharma, Bharat Electronics, and Indraprastha Gas, and 'sell' call on Torrent Pharma. Prakash Gaba is positive on Cholamandalam Investment, Godrej Consumer, and YES Bank and negative on Interglobe Aviation.

Stock recommendations by top market experts for today:

Sudarshan Sukhani - s2analytics.com

- Buy Lupin with a stop loss of Rs 858, target at Rs 872

- Buy DCB Bank with a stop loss of Rs 213, target at Rs 218

- Buy ICICI Bank with a stop loss of Rs 375, target at Rs 388

- Sell Bharat Forge with a stop loss of Rs 466, target at Rs 454

- Sell United Spirits with a stop loss of Rs 534, target at Rs 515

Mitessh Thakkar - mitesshthakkar.com

- Buy Ajanta Pharma with a stop loss of Rs 1,048, target at Rs 1,100

- Buy Indraprastha Gas with a stop loss of Rs 311.5, target at Rs 324

- Buy Bharat Electronics with a stop loss of Rs 88, target at Rs 94

- Sell Torrent Pharma with a stop loss of Rs 254, target at Rs 235

Prakash Gaba - prakashgaba.com

- Buy Cholamandalam Investment with a stop loss of Rs 1,280, target at Rs 1,370

- Buy Godrej Consumer with a stop loss of Rs 630, target at Rs 655

- Buy YES Bank with a stop loss of Rs 161, target at Rs 180

- Sell Interglobe Aviation with a stop loss of Rs 1,584, target at Rs 1,485

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