Indian benchmark indices are set to open flat on Tuesday amid mixed sentiment in Asian shares, ahead of the US Federal Reserve meet. On Monday, Sensex and Nifty 50 plunged over 1 percent each after India announced retaliatory tariffs on US goods on fears of trade wars.
NSE
Among stocks, Ashwani Gujral is positive on Bata India and negative on Tata Motors DVR, L&T Finance Holdings, Ashok Leyland, and Amara Raja Batteries. Sudarshan Sukhani has a 'buy' call on Hexaware Technologies, Syndicate Bank, and CESC and 'sell' call on Indiabulls Housing Finance and IDFC First Bank. Mitesh Thakkar is bearish on Bajaj Finserv, Bharat Forge and Bosch.
Here are top buy-sell calls by market experts for Tuesday:
Ashwani Gujral - ashwanigujral.com
- Sell Amara Raja Batteries with a stop loss of Rs 610, target at Rs 585
- Sell L&T Finance Holdings with a stop loss of Rs 119, target at Rs 112
- Sell Tata Motors DVR with a stop loss of Rs 80, target at Rs 72
- Sell Ashok Leyland with a stop loss of Rs 86, target at Rs 78
- Buy Bata India with a stop loss of Rs 1,410, target at Rs 1,450
Sudarshan Sukhani - s2analytics.com
- Buy Hexaware Tech with a stop loss of Rs 349, target at Rs 370
- Buy Syndicate Bank with a stop loss of Rs 34, target at Rs 37
- Buy CESC with a stop loss of Rs 750, target at Rs 780
- Sell IDFC First Bank with a stop loss of Rs 42.5, target at Rs 40
- Sell Indiabulls Housing Finance with a stop loss of Rs 665, target at Rs 638
Mitessh Thakkar - mitesshthakkar.com
- Sell Bajaj Finserv with a stop loss of Rs 8,225, target at Rs 7,850
- Sell Bharat Forge with a stop loss of Rs 450.5, target at Rs 425
- Sell Bosch with a stop loss of Rs 16,800, target at Rs 16,000
- Buy Larsen & Toubro with a stop loss below Rs 1,484, target at Rs 1,530
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