'BUY' or 'SELL' ideas from experts for Wednesday, 7 December 2016

The BSE Sensex and NSE Nifty are likely to open flat on Wednesday following mixed global cues. SGX Nifty was trading 4 points up at 8,177 in morning trade, indicating a soft start for domestic equity markets. Asian peers, Hang Seng and Nikkei indices were trading higher by 0.23 per cent and 0.44 per cent, respectively, in morning trade, while Shanghai index was trading down by 0.22 per cent.

The 30-share Sensex closed 43.66 points, or 0.17 per cent, up at 26,392.76 on Tuesday, while the Nifty 50 index settled 14.40 points, or 0.18 per cent up at 8,143.15.

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


Siddarth Bhamre, independent market expert
Jindal Steel Dec Fut is a 'Buy' call with a target of Rs 77 and a stop loss of Rs 68
Bata India Dec Fut is a 'Buy' call with a target of Rs 440 and a stop loss of Rs 403

CK Narayan, Chart Advise
Torrent Power is a 'Buy' call with a target of Rs 190 and a stop loss of Rs 178

Kunal Bothra, independent market expert
Torrent Power is a 'Buy' call with a target of Rs 195 and a stop loss of Rs 170
Indo Count is a 'Buy' call with a target of Rs 172 and a stop loss of Rs 152

Rakesh Bansal of R K Global
Tata Steel is a 'Buy' call with a target of Rs 440 and a stop loss of Rs 404.50
Kaveri Seed is a 'Buy' call with a target of Rs 441 and a stop loss of Rs 400

Mandar B Jamsandekar, Precision Technical Analysis
Adani Ports is a 'Buy' call with a target of Rs 290 and a stop loss of Rs 260
State Bank of India is a 'Buy' call with a target of Rs 280 and a stop loss of Rs 245

(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)