NEW DELHI: Domestic equity market is likely to open lower on Tuesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
At 8:25 am the SGX Nifty was 23.50 points or 0.19 per cent lower at 12,092.50.
ET Now spoke to various experts and here’s what they have to recommend for today’s trade:
Kunal Bothra independent market expert
Eicher Motors is a ‘Buy’ call with a target price of Rs 21,800 and a stop loss of Rs 20,750.
HDFC Bank is a ‘Buy’ call with a target price of Rs 1250 and a stop loss of Rs 1150.
CK Narayan of Chart Advise
IGL is a ‘Buy’ call with a target price of Rs 515 and a stop loss of Rs 497.
Shriram Transport is a ‘Sell’ call with a target price of Rs 1050 and a stop loss of Rs 1100.
Arun Kumar of Reliance Securities
Cipla is a ‘Buy’ call with a target price of Rs 495 and a stop loss of Rs 454.
Jindal Steel is a ‘Sell’ call with a target price of Rs 160 and a stop loss of Rs 188.
(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
Source: Economic Times
