NEW DELHI: Domestic equity market is likely to open lower on Wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and weak Asian cues.
At 8:25 am the SGX Nifty was 114.50 points or 0.94 per cent lower at 12,006.50.
ET Now spoke to various experts and here's what they have to recommend for today's trade:
Kunal Bothra independent market expertBPCL is a 'Sell' call with a target price of Rs 448 and a stop loss of Rs 470.
IndusInd Bank is a 'Sell' call with a target price of Rs 1420 and a stop loss of Rs 1480.
CK Narayan of Chart AdviseSun TV is a 'Sell' call with a target price of Rs 411 and a stop loss of Rs 430.
Hero MotoCorp is a 'Sell' call with a target price of Rs 2300 and a stop loss of Rs 2385.
Manas Jaiswal of manasjaiswal.comBPCL is a 'Sell' call with a target price of Rs 435 and a stop loss of Rs 475.
ICICI Bank is a 'Sell' call with a target price of Rs 500 and a stop loss of Rs 536.
(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.)
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'BUY' or 'SELL' ideas from experts for Wednesday, 8 January, 2020
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