Indian shares are set for a flat opening on Monday following muted sentiment in global markets. Back home, investors turned their focus to new government’s fiscal support plan and key economic data due to be released this week. Moreover, the Reserve Bank of India has announced that it will inject Rs 15,000 crore into the financial system in June through purchase of government bonds in order to support the evolving liquidity situation.

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In global markets, Asian stocks traded marginally higher but gains were limited by concerns that the China-US trade conflict was fast turning into a technology cold war between the world’s two largest economies. At 7.07 AM, the SGX Nifty traded 32.50 points, or 0.27 percent, lower at 11,845, indicated a negative start for the Sensex and the Nifty 50.

Markers cheered the landslide victory of Modi in the 2019 Lok Sabha elections on Friday with The BSE Sensex climbing 623 points to 39,435 while the Nifty50 rose 187 points to 11,844.

Among stocks, Sudarshan Sukhani is bullish on ICICI Bank, ACC, HUL, and Raymond and bearish on Sun TV. Meanwhile, Rajat Bose has a 'buy' call on Bajaj Auto and Bharti Airtel, and 'sell' call on Kajaria Cements. Prakash Gaba is positive on Bharat Forge, Exide Industries, M&M, and NBCC.

Stock recommendations by top stock experts for Monday:

Sudarshan Sukhani - s2analytics.com

- Buy ICICI Bank with a stop loss of Rs 426, target at Rs 438

- Buy ACC with a stop loss of Rs 1,686, target at Rs 1,735

- Buy Hindustan Unilever with a stop loss of Rs 1,745, target at Rs 1,780

- Buy Raymond with a stop loss of Rs 846, target at Rs 868

- Sell Sun TV with a stop loss of Rs 545, target at Rs 519

Rajat Bose - rajatkbose.com

- Buy Bajaj Auto with a stop loss below Rs 3,058 for targets at Rs 3,098 and Rs 3,110

- Buy Bharti Airtel with a stop loss below Rs 348.50 for targets at Rs 358 and and Rs 360.50

- Sell Kajaria Ceramics May Futures with a stop loss above Rs 610 for targets at Rs 596 and Rs 591

Prakash Gaba - prakashgaba.com

- Buy Bharat Forge with a stop loss of Rs 465, target at Rs 500

- Buy Exide Industries with a stop loss of Rs 216, target at Rs 230

- Buy Mahindra & Mahindra with a stop loss of Rs 648, target at Rs 690

- Buy NBCC with a stop loss of Rs 59, target at Rs 66

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