Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Monday's session sharply lower tracking weakness in other Asian markets amid thin trade. At 8:52 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- were down 203.5 points or 1.2 percent at 16,923. Investors awaited more of earnings from India Inc for cues. All eyes will be on the Fed's decision on key interest rates due this week.
NSE
Equities in other Asian markets began the week lower amid thin trade, with MSCI's broadest index of Asia Pacific shares outside Japan sliding 0.7 percent in early hours. Most markets in the region were shut for Labour Day.
Japan's Nikkei 225 and South Korea's KOSPI were down 0.7 percent each.
S&P 500 futures were down 0.1 percent. On Friday, the three main Wall Street indices tumbled as Amazon slumped following a gloomy quarterly report and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates. The S&P 500 fell 3.6 percent, the Dow 2.8 percent and the Nasdaq Composite 4.2 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
Sell Navin Fluorine with a stop loss at Rs 3,950
Sell Sun TV with a stop loss at Rs 490
Buy Berger Paints with a stop loss at Rs 700
Buy Nestle with a stop loss at Rs 18,000
Mitessh Thakkar of earningwaves.com
Sell Bajaj Finance for a target of Rs 6,450 with a stop loss at Rs 6,775
Sell HUL for a target of Rs 1,550 with a stop loss at Rs 1,616
Sell Havells for a target of Rs 1,285 with a stop loss at Rs 1,320
Buy Coforge for a target of Rs 4,280 with a stop loss at Rs 4,100
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