Indian equity benchmarks Sensex and Nifty50 held on to initial gains in a choppy session on Tuesday, amid a mixed trend across global equities. The 30-scrip Sensex index rose as much as 293.2 points or 0.5 percent to 57,459.9 and the broader Nifty50 benchmark climbed to as high as 17,275.7, up 102 points or 0.6 percent from its previous close.
NSE
Among heavyweights, HDFC Bank, HDFC and Infosys shares continued to fall. Mindtree shares jumped a day after the midcap IT firm reported a strong set of financial results.
Investors awaited more of quarterly reports from India Inc for cues.
Equities in other Asian markets were a mixed bag in early hours on Tuesday following a sluggish session on Wall Street overnight. MSCI's broadest index of Asia Pacific shares outside Japan was down 0.6 percent.
Japan's Nikkei 225 was up 0.2 percent, South Korea's KOSPI 0.9 percent and Singapore's Straits Times 0.7 percent. On the other hand, Hong Kong's Hang Seng was down 2.7 percent and China's Shanghai Composite flat.
S&P 500 futures were up 0.2 percent. On Monday, the three main Wall Street indices ended a choppy session up to 0.1 percent lower as investors contrasted Bank of America's positive earnings with surging bond yields.
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 Shree Cement with a stop loss at Rs 24,800
Buy Havells with a stop loss at Rs 1,240
Sell PVR with a stop loss at Rs 1,900
Sell Polycab with a stop loss at Rs 2,642
Mitessh Thakkar of earningwaves.com
Buy Chambal Fertilisers for a target of Rs 530 with a stop loss at Rs 496
Buy SBI Life for a target of Rs 1,205 with a stop loss at Rs 1,159
Buy NTPC for a target of Rs 170 with a stop loss at Rs 159
Sell TCS for a target of Rs 3,460 with a stop loss at Rs 3,585
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