Sensex on strong footing, Nifty above 7950; top 20 intraday bets - Economic Times

NEW DELHI: The S&P BSE Sensex rose as much as 190 points in trade on Wednesday, led by gains in Infosys, TCS, HDFC, M&M and RIL.

Tracking the momentum, the 50-share Nifty index also managed to reclaim its crucial psychological level of 7,950, supported by gains in realty, IT, metal and FMCG stocks.

At 1:00 p.m.; the 30-share index was at 26,570.19, up 77.68 points. It touched a high of 26,682.64 and a low of 26,511.71 in early trade.

The Nifty was at 7,958.70, up 25.80 points. It touched a high of 7,990.65 and a low of 7,936.95 in early trade.

ET Now spoke to various experts and here's what they have to recommend for today's trade:

Ashwani Gujral of ashwanigujral.com

TCS Ltd is a 'BUY' call with a target of Rs 2630 and a stop loss of Rs 2550

Infosys Ltd is a 'BUY' call with a target of Rs 3750 and a stop loss of Rs 3660

Cipla Ltd is a 'SELL' call with a target of Rs 590 and a stop loss of Rs 616

JSPL Ltd is a 'SELL' call with a target of Rs 204 and a stop loss of Rs 221

Mitesh Thacker of miteshthacker.com

Dr Reddy's Laboratories Ltd is a 'BUY' call with a target of Rs 3150 and a stop loss of Rs 3014

Infosys Ltd is a 'BUY' call with a target of Rs 3770 and a stop loss of Rs 3670

JSW Energy Ltd is a 'SELL' call with a target of Rs 70 and a stop loss of Rs 78.50

PFC Ltd is a 'SELL' call with a target of Rs 235 and a stop loss of Rs 254

Sandeep Wagle, Founder & CEO, Power My Wealth

L&T Ltd is a 'SELL' call with a target of Rs 1485 and a stop loss of Rs 1530

PFC Ltd is a 'SELL' call with a target of Rs 235 and a stop loss of Rs 250

TCS Ltd is a 'BUY' call with a target of Rs 2630 and a stop loss of Rs 2575

Prakash Gaba, CFT, prakashgaba.com

Infosys Ltd is a 'BUY' call with a target of Rs 3750 and a stop loss of Rs 3669

M&M Ltd is a 'BUY' call with a target of Rs 1405 and a stop loss of Rs 1380

Dr Reddy's Laboratories Ltd is a 'BUY' call with a target of Rs 3100 and a stop loss of Rs 3030

Shrikant Chouhan, Senior VP- Technical Research, Kotak Securities

Exide Industries Ltd is a 'BUY' call with a target of Rs 185 and a stop loss of Rs 167

Kolte Patil Ltd is a 'BUY' call with a target of Rs 210 and a stop loss of Rs 182

Tata Motors DVR is a 'BUY' call with a target of Rs 385 and a stop loss of Rs 350

Rakesh Bansal, VP- R K Global

ZEE Entertainment Ltd is a 'BUY' call with a target of Rs 302 and a stop loss of Rs 280

ITC Ltd is a 'BUY' call with a target of Rs 368 and a stop loss of Rs 348

IFCI Ltd is a 'SELL' call with a target of Rs 30 and a stop loss of Rs 35

(Views and recommendations expressed in this section are the analysts' own and do not represent those of EconomicTimes.com. Please consult your financial advisor before taking any position in the stocks mentioned.)

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