Sensex gains over 200 pts, midday trading calls from experts

NEW DELHI: The BSE Sensex surged over 200 points led by strong buying in blue-chip names such as ITC, HDFC Bank and Tata Motors. The 50-share NSE index advanced 1.3 percent to 5,343.8.

At 02:30 p.m., the 30-share BSE index was trading at 17,612.16, up 1.3 percent or 220 points. ITC (2.1 percent), Tata Motors (2.9 percent) and HDFC Bank (2.2percent) led the gains.

The 50-share Nifty was trading 1.3 percent higher at 5,343.25. JP Associates (up 3.5 percent), Tata Motors (up 2.9 percent) and Axis Bank (up 3.7 percent) led the gains.

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

Click here for Views & Recommendations

Ashwani Gujral of ashwanigujral.com

Reliance Capital Ltd is a 'BUY' call with a target of Rs 395 and a stop loss of Rs 370

Karnataka Bank is a 'BUY' call with a target of Rs 104 and a stop loss of Rs 95

Punjab National Bank is a 'BUY' call with a target of Rs 880 and a stop loss of Rs 845

Mitesh Thacker of miteshthacker,com

DLF Ltd is a 'BUY' call with a target of Rs 240 and a stop loss of Rs 205

UltraTech Cements Ltd is a 'BUY' call with a target of Rs 1650 and a stop loss of Rs 1525

CK Narayan, Growth Avenues Asset Advisors

Aurobindo Pharma Ltd is a 'BUY' call with a target of Rs 123 and a stop loss of Rs 110

Reliance Communication Ltd is a 'BUY' call with a target of Rs 74 and a stop loss of Rs 65

Deepak Mohoni, Director, trendwatchindia.com

Mahindra & Mahindra Ltd is a 'BUY' call with a target of Rs 764 and a stop loss of Rs 725

ICICI Bank Ltd is a 'BUY' call with a target of Rs 974 and a stop loss of Rs 920

McLeod Russel India Ltd is a 'BUY' call with a target of Rs 352 and a stop loss of Rs 312

(The views and recommendations expressed in this section are the analysts own and do not represent those of EconomicTimes.com)