Indian equity benchmarks are likely to make a positive opening on Wednesday amid a mixed trend in other Asian markets, as investors globally tracked updated on the Ukraine-Russia conflict closely. At 7:38 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- were up 82 points or 0.5 percent at 17,220.5.
NSE
Equities in other Asian markets were mixed as investors, after Russian troop movements near Ukraine and initial Western sanctions. MSCI's broadest index of Asia Pacific shares outside Japan was up 0.1 percent at the last count.
Japan's Nikkei 225 was down 1.7 percent and Singapore's Straits Times down 0.6 percent. China's Shanghai Composite was up 0.3 percent, Hong Kong's Hang Seng up 0.7 percent and South Korea's KOSPI up 0.2 percent.
S&P 500 futures were up 0.5 percent. On Tuesday, the three main Wall Street indices fell 1-1.4 percent, with the S&P 500 confirming correction, for the first time since the 2020 COVID plunge.
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:
Mitessh Thakkar of earningwaves.com
Buy Eicher Motors for a target price of Rs 2,780 with a stop loss at Rs 2,700
Buy Dixon Technologies for a target of Rs 4,230 with a stop loss at Rs 4,125
Sell DLF for a target of Rs 312 with a stop loss at Rs 330
Sell SBI for a target of Rs 487 with a stop loss at Rs 506
Sudarshan Sukhani of s2analytics.com
Buy ONGC with a stop loss at Rs 160
Buy Marico with a stop loss at Rs 498
Buy HDFC Bank with a stop loss at Rs 1,486
Sell Gujarat Gas with a stop loss at Rs 655
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