Indian equity benchmarks Sensex and Nifty50 are likely to make a negative start on Thursday tracking weakness across global markets amid fears of surging inflation. At 8:44 am, Nifty futures trading on Singapore Exchange -- an early indicator of NSE's Nifty50 index in India -- were down 57.5 points or 0.3 percent at 17,958.
NSE
Equities in other Asian markets fell amid fears of inflation after data showed US consumer prices surged at the fastest pace since 1990 in October, boosting the case for faster tightening of monetary policy by the Federal Reserve.
MSCI's broadest index of Asia Pacific shares outside Japan was last down 0.4 percent. Japan's Nikkei 225 was up 0.8 percent and China's Shanghai Composite up 0.5 percent, but South Korea's KOSPI was down 0.5 percent, Hong Kong's Hang Seng down 0.1 percent and Singapore's Straits Times down 0.3 percent.
S&P 500 futures were up 0.2 percent in early Asian trade. On Wednesday, the three Wall Street indices fell 0.7-1.7 percent.
CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today. Here are the top buy-sell calls by market experts:
Sudarshan Sukhani of s2analytics.com
Buy Berger Paints with a stop loss at Rs 752
Buy Bharti Airtel with a stop loss at Rs 707
Sell Hindalco with a stop loss at Rs 464
Mitessh Thakkar of mitesshthakkar.com
Buy Muthoot Finance for a target of Rs 1,710 with a stop loss at Rs 1,654
Buy Bharti Airtel for a target of Rs 760 with a stop loss at Rs 723
Sell Divi’s Laboratories for a target of Rs 4,800 with a stop loss at Rs 4,951
Sell Firstsource Solutions for a target of Rs 168 with a stop loss at Rs 186
Catch all live market updates here | Stocks to track today
(Edited by : Sandeep Singh)
First Published:Nov 11, 2021 9:08 AM IST