Nifty set to make fresh closing high; top 20 intraday trading ideas - Economic Times

NEW DELHI: The S&P BSE Sensex recouped losses after falling as much as 94 points in trade on Tuesday, and bounced over 100 points, led by gains in RIL, TCS, Dr Reddy's Laboratories, and Cipla.

The 50-share Nifty index is expected to make another closing high today, supported by gains in pharma, IT, consumer durable and oil & gas stocks.

At 1:11 pm, the Sensex was at 29,547.82; up 88.68 points. The Nifty was at 8,976.60; up 19.85 points.

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

Ashwani Gujral of ashwanigujral.com

TVS Motor Company Ltd is a 'BUY' call with a target of Rs 304 and a stop loss of Rs 282

Havells India Ltd is a 'BUY' call with a target of Rs 305 and a stop loss of Rs 280

Dish TV Ltd is a 'BUY' call with a target of Rs 96 and a stop loss of Rs 82

Apollo Tyres Ltd is a 'BUY' call with a target of Rs 192 and a stop loss of Rs 175

Mitesh Thacker of miteshthacker.com

Reliance Infrastructure Ltd is a 'BUY' call with a target of Rs 515 and a stop loss of Rs 479

Eicher Motors Ltd is a 'SELL' call with a target of Rs 15250 and a stop loss of Rs 16000

Glenmark Pharma Ltd is a 'BUY' call with a target of Rs 832 and a stop loss of Rs 784

M&M Financial Services Ltd is a 'BUY' call with a target of Rs 281 and a stop loss of Rs 258

Sandeep Wagle, Founder & CEO, Power My Wealth

TCS Ltd is a 'BUY' call with a target of Rs 2805 and a stop loss of Rs 2715

Engineers India Ltd is a 'BUY' call with a target of Rs 234 and a stop loss of Rs 218

Havells India Ltd is a 'BUY' call with a target of Rs 299 and a stop loss of Rs 280

Prakash Gaba, CFT, prakashgaba.com

Glenmark Pharma Ltd is a 'BUY' call with a target of Rs 820 and a stop loss of Rs 785

RIL Ltd is a 'BUY' call with a target of Rs 900 and a stop loss of Rs 866

Wipro Ltd is a 'BUY' call with a target of Rs 685 and a stop loss of Rs 660

Shrikant Chouhan, Senior VP- Technical Research, Kotak Securities

Colgate Palmolive Ltd is a 'BUY' call with a target of Rs 2125 and a stop loss of Rs 1970

Cipla Ltd is a 'BUY' call with a target of Rs 770 and a stop loss of Rs 702

Century Textiles Ltd is a 'BUY' call with a target of Rs 600 and a stop loss of Rs 548

Rakesh Bansal, VP - R K Global

Asian Paints Ltd is a 'BUY' call with a target of Rs 878 and a stop loss of Rs 800

Sanghvi Movers Ltd is a 'BUY' call with a target of Rs 300 and a stop loss of Rs 256

Karur Vysya Bank Ltd is a 'BUY' call with a target of Rs 630 and a stop loss of Rs 577

Markets @ 12:30 pm

Sensex at 29,491.36; up 32.22 points. Nifty at 8,960.65; up 3.9 points. Rupee at 61.84 versus US dollar

Top gainers on BSE: RIL (3.8%), TCS (2.5%), CIPLA (2.1%), SUN PHARMA (2.1%), DR. REDDYS LAB (2.1%)

Top losers: COAL INDIA (-4.6%), M&M (-2.8%), AXIS BANK (-2.4%), TATA MOTORS (-1.6%), BHEL (-0.9%)

11:50 am

Sensex at 29,433.48; down 25.66 points. Nifty at 8,945.45; down -11.30 points; Rupee at 61.84 vs US dollar

Top gainers on BSE: RIL (2.6%), TCS (2.4%), DR. REDDYS LAB (2.0%), SUN PHARMA (1.9%), WIPRO (1.4%)

Top losers: COAL INDIA (-4.7%), M&M (-3.1%), AXIS BANK (-2.1%), TATA MOTORS (-1.7%), BHEL (-1.2%)

11 am

Sensex at 29,481.57; up 22.43 points. Nifty at 8,953.00, down -3.7 points.

Top gainers on Sensex: TCS (2.3%), SUN PHARMA (2.1%), WIPRO (1.8%), RIL (1.8%) DR. REDDYS LAB (1.7%)

Top losers on Sensex: COAL INDIA (-4.5%), M&M (-2.3%), AXIS BANK (-2.2%), TATA MOTORS (-1.6%), GAIL (-0.8%)

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