Indian equity benchmarks Sensex and Nifty50 started Thursday's session higher, building on the previous day's gains following a fall of around five percent in five consecutive sessions. Investors awaited more of earnings reports from India Inc for cues, with HCL Tech and Nestle due to post their financial results during the day.
NSE
Both headline indices rose as much as 0.7 percent in early deals. The 30-scrip index gained as much as 423.1 points to 57,460.6 and the broader Nifty50 benchmark climbed to as high as 17,253.8, up 117.3 points from its previous close.
Equities in other Asian markets were a mixed bag, mirroring the moves on Wall Street overnight. MSCI's broadest index of Asia Pacific shares outside Japan was down 0.1 percent in early hours.
Japan's Nikkei 225 was up 1.1 percent, South Korea's KOSPI 0.6 percent and Singapore's Straits Times 0.7 percent. China's Shanghai Composite was down 0.1 percent and Hong Kong's Hang Seng down 0.4 percent.
S&P 500 futures rose half a percent. On Wednesday, the three main Wall Street indices ended a choppy session on a mixed note, Wednesday mixed as the S&P 500 finished flat, bleak Netflix earnings dragged the technology-heavy Nasdaq Composite 1.2 percent and the Dow rose 0.7 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
Sell IndiGo with a stop loss at Rs 1,907
Buy Laurus Labs with a stop loss at Rs 594
Buy HPCL with a stop loss at Rs 292
Buy Havells with a stop loss at Rs 1,277
Mitessh Thakkar of earningwaves.com
Buy BPCL for a target of Rs 400 with a stop loss at Rs 385
Buy Maruti Suzuki India for a target of Rs 7,750 with a stop loss at Rs 7,620
Buy Shree Cement for a target of Rs 26,250 with a stop loss at Rs 25,500
Sell HAL for a target of Rs 1,620-1,625 with a stop loss at Rs 1,675
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(Edited by : Sandeep Singh)