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 38.50 points or 0.31 per cent lower at 12,288.
ET Now spoke to various experts and here’s what they have to recommend for today’s trade:
Kunal Bothra independent market expert
Torrent Power is a ‘Buy’ call with a target price of Rs 300 and a stop loss of Rs 278.
Piramal Enterprises is a ‘Sell’ call with a target price of Rs 1530 and a stop loss of Rs 1615.
CK Narayan of Chart Advise
Escorts is a ‘Buy’ call with a target price of Rs 640 and a stop loss of Rs 625.
Hindalco is a ‘Buy’ call with a target price of Rs 225 and a stop loss of Rs 214.
Chandan Taparia of Motilal Oswal
Manappuram Finance is a ‘Buy’ call with a target price of Rs 187 and a stop loss of Rs 175.
TVS Motor is a ‘Buy’ call with a target price of Rs 500 and a stop loss of Rs 467.
(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
