'BUY' OR 'SELL' ideas for closing trade

NEW DELHI: The BSE Sensex continued its downtrend on Thursday as concerns over the health of the global economy dampened investors' appetite for bargain buys.

Equityrush Recommendations:

Federal Bank is a 'BUY' call with a stop loss below Rs 348 and target of Rs 384

Hindustan Unilever is a 'BUY' call with a stop loss below Rs 318 and a target of Rs330.

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

Ashwani Gujral of ashwanigujral. com

Mphasis Ltd is a 'SELL' call with a target of Rs 335.00 and a stop loss of Rs 400.00

Colgate-Palmolive Ltd is a 'BUY' call with a target of Rs 1000.00 and a stop loss of Rs 930.00

JSPL Ltd is a 'SELL' call with a target of Rs 440.00 and a stop loss of Rs 490.00

Sudarshan Sukhani of Technical Trends

Grasim Industries Ltd is a 'BUY' call with a target of Rs 2,175 and a stop loss of Rs 2,126

Hindustan Unilever is a 'BUY' call with a target of Rs 1000 and a stop loss of Rs 930

United Spirits Ltd is a 'SELL' call with a target of Rs 898.00 and a stop loss of Rs 945.00

Brokerage calls on India IT sector:

UBS recommends 'SELL' on Tech Mahindra Ltd with a price target of Rs 630

UBS recommends 'HOLD' on Infosys Ltd with a price target of Rs 2,450

IDFC recommends 'HOLD' on HCL Technologies Ltd with a price target of Rs 440

UBS recommends 'SELL' on Mphasis Ltd with a price target of Rs 350

IDFC recommends a 'HOLD' on Mphasis Ltd with a price target of Rs 430

RBS recommends 'BUY' on Hexaware Technologies Ltd with a price target of Rs 91

Brokerage calls on other sector:

JPMorgan recommends a 'HOLD' call on Adani Power Ltd with a price target of Rs 90

Standard Chartered recommends a 'BUY' call on Dabur India Ltd with a price target of Rs 120

Goldman Sachs recommends a 'BUY' call on Bharti Airtel Ltd with a price target of Rs 460