Indian benchmark indices are likely to open on a flat note on Tuesday, in-line with Asian peers, as rising crude oil prices weighed on the markets. The market started off the futures and options (F&O) expiry week on a negative note with the Nifty closing tad below 11,600 levels. The BSE Sensex fell 495.10 points to close at 38,645.18 while the Nifty 50 plunged 158.30 points to settle at 11,594.50.
NSE
Among stocks, Ashwani Gujral is bullish on TCS, DCB Bank, Havells India, and Kotak Bank. Sudarshan Sukhani has a 'buy' call on NIIT Tech and Havells and a 'sell' call on Reliance Capital, Shriram Transport Finance and M&M Financial Services. Mitesh Thakkar is positive on HUL and TCS and negative on Apollo Tyres and Berger Paints
Top stock recommendations by market experts for Tuesday:
Ashwani Gujral - ashwanigujral.com
- Buy Tata Consultancy Services with a stop loss of Rs 2,050, target at Rs 2,150
- Buy Kotak Mahindra Bank with a stop loss of Rs 1,345, target at Rs 1,550
- Buy Havells India with a stop loss of Rs 755, target at Rs 780
- Buy DCB Bank with a stop loss of Rs 203, target at Rs 217
Sudarshan Sukhani - s2analytics.com
- Buy NIIT Tech with a stop loss of Rs 1,306, target at Rs 1,328
- Buy Havells India with a stop loss of Rs 755, target at Rs 770
- Sell Shriram Transport Finance with a stop loss of Rs 1,178, target at Rs 1,150
- Sell M&M Financial Services with a stop loss of Rs 416, target at Rs 406
- Sell Reliance Capital with a stop loss of Rs 136, target at Rs 128
Mitessh Thakkar - mitesshthakkar.com
- Buy Hindustan Unilever with a stop loss of Rs 1,717, target at Rs 1,770
- Buy TCS with a stop loss of Rs 2,139, target at Rs 2,200
- Sell Apollo Tyres with a stop loss of Rs 213.5, target at Rs 200
- Sell Berger Paints with a stop loss of Rs 325, target at Rs 308
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