IMF outlook boosts Sensex, Nifty reclaims 8750; top 20 trading ideas

NEW DELHI: The S&P BSE Sensex is marching toward the 29,000 mark. It rallied over 300 points in trade on Thursday, thanks to IMF raising its growth forecast to 7.2 per cent.

Markets @ 3:15

Sensex up 301 points at 28,960.61. Nifty at 8,782.90; up 82.95 points.

Top gainers on Sensex: HINDALCO (3.6%), NTPC (3.3%), ITC (2.4%), BHARTI AIRTEL (2.3%), TATA MOTORS (2.1%)

Top losers: COAL INDIA (-1.4%), M&M (-1.3%), BAJAJ AUTO (-1.0%), DR. REDDY'S (-1.0%), HUL (-0.9%)

Markets @ 2:30

Sensex up 207.86 points at 28,867.04. Nifty at 8,755.45; up 55.50 points.

Top gainers on Sensex: NTPC (3.8%), HINDALCO (3.5%), ITC (2.3%), BHARTI AIRTEL (2.3%), TATA MOTORS (2.3%)

Top losers: DR. REDDY'S (-1.4%), CIL (-1.3%), HUL (-1.1%), BAJAJ AUTO (-1.0%), WIPRO (-0.6)
Markets @ 12:30 - Sensex up 222.78 points at 28,881.95. Nifty @ 8,761.75; up 61.80 points. Rupee is up 24 paise versus dollar

Top gainers: on Sensex: NTPC (3.9%), SESA STERLITE (3.1%), HINDALCO (2.7%), ITC (2.6%), TATA STEEL (2.6%)

Top losers: HUL (-1.2%), DR. REDDY'S (-1.0%), BAJAJ AUTO (-1.0%), WIPRO (-1.0%), CIL (-0.4%)

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

Ashwani Gujral of ashwanigujral.com

Power Grid Ltd is a 'BUY' call with a target of Rs 162 and a stop loss of Rs 148

ITC Ltd is a 'BUY' call with a target of Rs 362 and a stop loss of Rs 340

Siemens Ltd is a 'BUY' call with a target of Rs 1460 and a stop loss of Rs 1390

Havells India Ltd is a 'BUY' call with a target of Rs 300 and a stop loss of Rs 283

Mitesh Thacker of miteshthacker.com

Maruti Suzuki Ltd is a 'BUY' call with a target of Rs 3800 and a stop loss of Rs 3670

NCC Ltd is a 'BUY' call with a target of Rs 109 and a stop loss of Rs 94.50

JP Associates Ltd is a 'BUY' call with a target of Rs 30 and a stop loss of Rs 26.80

Exide Ltd is a 'BUY' call with a target of Rs 202 and a stop loss of Rs 184.50

Sandeep Wagle, Founder & CEO, Power My Wealth

McLeod Russel Ltd is a 'BUY' call with a target of Rs 261 and a stop loss of Rs 245

Maruti Suzuki Ltd is a 'BUY' call with a target of Rs 3795 and a stop loss of Rs 3685

Bharat Forge Ltd is a 'BUY' call with a target of Rs 1375 and a stop loss of Rs 1315

Prakash Gaba, CFT, prakashgaba.com

Dabur India Ltd is a 'BUY' call with a target of Rs 279 and a stop loss of Rs 268

Havells India Ltd is a 'BUY' call with a target of Rs 296 and a stop loss of Rs 283

Voltas Ltd is a 'BUY' call with a target of Rs 285 and a stop loss of Rs 269

Gaurav Ratnaparkhi, Technical Analyst, Sharekhan

Maruti Suzuki Ltd is a 'BUY' call with a target of Rs 3830 and a stop loss of Rs 3650

Tata Global Beverages Ltd is a 'BUY' call with a target of Rs 166 and a stop loss of Rs 156

Jubilant FoodWorks Ltd is a 'BUY' call with a target of Rs 1700 and a stop loss of Rs 1568

Rakesh Bansal, VP- R K Global

Kokuyo Camlin Ltd is a 'BUY' call with a target of Rs 82 and a stop loss of Rs 68

Bharat Forge Ltd is a 'BUY' call with a target of Rs 1383 and a stop loss of Rs 1290

Dish TV Ltd is a 'BUY' call with a target of Rs 91 and a stop loss of Rs 82
Markets @ 11

Sensex up 213.83 points at 28,873.00. Nifty at 8,761.70; up 61.75 points.

Top gainers on Sensex: NTPC (5.5%), ITC (2.3%), TATA MOTORS (1.9%), MARUTI SUZUKI (1.7%), TATA POWER (1.5%)

Top Losers: M&M (-1.6%), DR. REDDY'S (-1.0%), HUL (-0.8%), WIPRO (-0.5%), BAJAJ AUTO (-0.5%)

(Views and recommendations expressed in this section are the analysts' own and do not represent those of EconomicTimes.com. Please consult your financial advisor before taking any position in the stocks mentioned.)