Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to make up a gap-up start amid mixed moves across global markets. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 54.5 points or 0.3 percent to 15,988.
NSE
Concerns persisted over the prospect of steep hikes in interest rates in the US damaging economic growth. Disappointing earnings from two large banks — JPMorgan Chase and Morgan Stanley — hurt investors' appetite for risk, though dovish remarks from two Fed central bankers lent some support. Back home, investors awaited more of financial results from India Inc for cues.
CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:
Mitessh Thakkar of earningwaves.com
Buy Britannia Industries for a target of Rs 3,860 with a stop loss at Rs 3,730
Buy IndiGo for a target of Rs 1,795 with a stop loss at Rs 1,745
Sell L&T Infotech for a target of Rs 3,750 with a stop loss at Rs 3,926
Sell Cholamandalam Investment and Finance for a target of Rs 585 with a stop loss at Rs 616.50
Rajat Bose of rajatkbose.com
Buy Shriram Transport Finance for a target of Rs 1,324 with a stop loss at Rs 1,283
Buy Mahindra & Mahindra (M&M) for a target of Rs 1,174-1,195 with a stop loss at Rs 1,119
Sell Canara Bank for a target of Rs 202 with a stop loss at Rs 213.50
Catch latest market updates with CNBCTV18.com's blog
First Published:Jul 15, 2022 9:14 AM IST