‘BUY' or 'SELL' ideas from experts for Wednesday, 14 December 2016

The BSE Sensex and NSE Nifty are likely to open on a flat note with positive bias on Wednesday following mixed global cues and lower inflation data. Retail inflation eased to multi-year low of 3.63 per cent in November on account of sharp drop in prices of food items, reflecting weak demand as consumers grappled with cash crunch following demonetisation. Asian peer Hang Seng index was trading higher by 0.54 per cent in early trade, while Nikkei and Shanghai were down by 0.18 per cent and 0.40 per cent, respectively.

On Wall Street, US stocks extended their gains on Tuesday ahead of the US Federal Reserve's expected interest rate hike and potential changes in its inflation and growth outlook. The Dow Jones Industrial Average index closed 0.58 per cent up at 19,911.21 on Tuesday.

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


Siddarth Bhamre, independent market expert
TVS Motor is a 'Buy' call with a target of Rs 405 and a stop loss of Rs 371
Reliance Industries is a 'Buy' call with a target of Rs 1085 and a stop loss of Rs 1019

CK Narayan, Chart Advise
Kaveri Seeds is a 'Buy' call with a target of Rs 445 and a stop loss of Rs 424
Cadila Health is a 'Sell' call with a target of Rs 375 and a stop loss of Rs 390

Kunal Bothra, independent market expert
Bharat Forge is a 'BUY' call with a target of Rs 1050 and a stop loss of Rs 970
Mindtree is a 'BUY' call with a target of Rs 518 and a stop loss of Rs 478

(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)