Indian shares opened higher on Thursday tracking positive Asian shares. The Sensex rose nearly 90 point while the Nifty added over 30 points led by gains in IT stocks. Infosys was the top gainer in Nifty, up 1.32 per cent. Tech Mahindra and TCS also rose between 0.50-1 per cent to be among the top five gainers in the Nifty. The IT sub-index of NSE, Nifty IT was up 0.60 per cent. Meanwhile, Asian shares edged up on Thursday, shaking off the risk aversion that gripped financial markets overnight after US President Donald Trump’s threat to shut down the government. Hang Seng was up 0.10 per cent, Kospi rose 0.47 per cent while Taiwan weighted advanced 0.62 per cent. Overnight, Dow closed 0.4 per cent lower while S&P and Nasdaq shed 0.34 per cent and 0.3 per cent respectively.
Here are some trading calls shared by market experts:
Lovelesh Sharma of Epic Research
Buy Ashok Leyland for a target of Rs. 106 with stop loss at Rs. 100
Buy Coal India for a target of Rs. 249 with stop loss at Rs. 237
Simi Bhaumik, Research Analyst
Buy Bharat Financial Inclusion for a target of Rs. 915 with stop loss at Rs. 875
Buy HDFC Bank for a target of Rs. 1,795 with stop loss at Rs. 1,759
Buy Dewan Housing Finance Corporation for a target of Rs. 482 with stop loss at Rs. 459
Buy Vedanta for a target of Rs. 306 with stop loss at Rs. 296
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