Sensex bucks global trend, rallies over 100 points; top 20 trading bets

NEW DELHI: The S&P BSE Sensex bounced back from lows in mid-morning trade but again slipped in the negative territory.

Asian stocks fell as economic uncertainty in China combined with political tensions in Ukraine kept investors away.

In Asia, investors were hoping Chinese data on industrial output, retail sales and urban investment on Thursday might offer some clarity on where the economy is heading, Reuters reported.

Back home, the 50-share Nifty index is holding above the crucial level of 6,500 in trade, supported by gains in healthcare, FMCG, consumer durable and IT stocks.

At 12:43 p.m.; the 50-share index was trading at 6,507.55; down 4.35 points, or 0.07%. It hit a high of 6487.30 and a low of 6,546.15 in today's trade.

The S&P BSE Sensex was trading at 21,834.90, up 8.48 points, or 0.04%. It touched a low of 21,768.14 and a high of 21,965.95 in today's trade.
ET Now spoke to various experts and here's what they have to recommend for today's trade:

Mitesh Thacker of miteshthacker.com

Dabur India Ltd is a ‘BUY’ call with a target of Rs 182 and a stop loss of Rs 174

Bharat Forge Ltd is a ‘BUY’ call with a target of Rs 415 and a stop loss of Rs 393

Tata Power Ltd is a ‘BUY’ call with a target of Rs 88 and a stop loss of Rs 81.25

Hero MotoCorp Ltd is a ‘BUY’ call with a target of Rs 2100 and a stop loss of Rs 2018

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, Aptartindia.com

Hero MotoCorp Ltd is a ‘BUY’ call with a target of Rs 2090 and a stop loss of Rs 2025

Dabur India Ltd is a ‘BUY’ call with a target of Rs 185 and a stop loss of Rs 172

IGL Ltd is a ‘BUY’ call with a target of Rs 278 and a stop loss of Rs 262

Abhishek Karande, CMT, Technical Analyst - Institution Research, SBICAP Securities

HDFC Bank Ltd is a ‘BUY’ call with a target of Rs 780 and a stop loss of Rs 724

Hero MotoCorp Ltd is a ‘BUY’ call with a target of Rs 2150 and a stop loss of Rs 1975

LIC Housing Finance Ltd is a ‘BUY’ call with a target of Rs 260 and a stop loss of Rs 219

Godrej Industries Ltd is a ‘BUY’ call with a target of Rs 325 and a stop loss of Rs 285

Prakash Gaba, CFT, prakashgaba.com

Pipavav Defence Ltd is a ‘BUY’ call with a target of Rs 39 and a stop loss of Rs 35

Thermax Ltd is a ‘BUY’ call with a target of Rs 795 and a stop loss of Rs 750

Tata Power Ltd is a ‘BUY’ call with a target of Rs 85 and a stop loss of Rs 81

Hemen Kapadia,VP, KR Choksey Shares and Securities

Wipro Ltd is a ‘BUY’ call with a target of Rs 568 and a stop loss of Rs 556

Dabur India Ltd is a ‘BUY’ call with a target of Rs 179 and a stop loss of Rs 173

Tata Steel Ltd is a ‘SELL’ call with a target of Rs 338 and a stop loss of Rs 347

Ankit Chaudhary, Senior Tech Analyst, Analyse India

NBCC Ltd is a ‘BUY’ call with a target of Rs 170 and a stop loss of Rs 139