Indian benchmark indices are likely to open higher on Wednesday, in line with Asian stocks, amid hopes of US-China deal. Sentiment also remained positive ahead of the US Federal Reserve rate decision due later today. On Tuesday, the BSE Sensex gained 85.55 points to end at 39,046.34 while the Nifty50 rose 19.30 points to end at 11,691.50.
NSE
Among stocks, Ashwani Gujral is bullish on ICICI Bank, Oriental Bank of Commerce, HPCL, LIC Housing Finance, and Vedanta, while, Sudarshan Sukhani is positive on Infosys, Hexaware, Voltas, and Union Bank of India. Mitessh Thakkar has a 'sell' call on IRB Infra and Exide Industries and 'buy' call on Coal India and Century Textiles.
Here are the top buy-sell calls by market experts for Wednesday:
Ashwani Gujral - ashwanigujral.com
- Buy HPCL with a stop loss of Rs 297, target at Rs 312
- Buy Vedanta with a stop loss of Rs 164, target at Rs 178
- Buy ICICI Bank with a stop loss of Rs 416, target at Rs 432
- Buy LIC Housing Finance with a stop loss of Rs 535, target of at 560
- Buy Oriental Bank of Commerce with a stop loss of Rs 90, target at Rs 98
Sudarshan Sukhani - s2analytics.com
- Buy Voltas with a stop loss of Rs 593, target at Rs 615
- Buy Infosys with a stop loss of Rs 740, target at Rs 770
- Buy Hexaware Tech with a stop loss of Rs 355, target at Rs 368
- Buy Union Bank of India with a stop loss of Rs 73, target at Rs 76
- Sell Eicher Motors with a stop loss of Rs 19,900, target at Rs 19,400
Mitessh Thakkar - mitesshthakkar.com
- Sell Exide Industries with a stop loss of Rs 206.5, target at Rs 193
- Sell IRB Infra with a stop loss of Rs 107.5, target at Rs 98
- Buy Coal India with a stop loss of Rs 257, target at Rs 267
- Buy Century Textiles with a stop loss of Rs 929, target at Rs 975
Also, track all live market action on CNBC-TV18 Market Blog
Disclaimer: CNBCTV18.com advises users to check with certified experts before taking any investment decisions