Markets volatile: Experts advise on what to 'buy' or 'sell'

 Markets volatile: Experts advise on what to 'buy' or 'sell'

 
NEW DELHI: The S&P BSE Sensex was witnessing a volatile session on Friday as bears tried to take control in absence of fresh buying activity after the sharp rally in frontline stocks. 
 
While the market was factoring in better-than-expected IIP data, weak rupee and projection on lower growth forecast dampened sentiments. 
 
Prime Minister's key economic advisor C Rangarajan today lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of FDI norms to improve economic condition. 
 
The rupee turned weak against the US dollar ahead of the US fed meet. The partitally convertible rupee was at 63.78, down 28 paise, against its previous close. 
 
At 12:30 p.m.; the 50-share index was at 5,861.45, up 11.25 points or 0.20 per cent. It touched a high of 5,884.30 and a low of 5,822.90 in trade today. 
 
The S&P BSE Sensex was at 19,787.97, up 5.6 points or 0.03 per cent. It touched a high of 19,899.37 and a low of 19,675.68 in trade today. 
 
ET Now spoke to various experts for their top 20 ideas for today:- 
 
Ashwani Gujral of ashwanigujral.com 
 
Bank of India is a 'BUY' call with a target of Rs 179 and a stop loss of Rs 164 
 
L&T Ltd is a 'BUY' call with a target of Rs 850 and a stop loss of Rs 810 
 
United Phosphorous Ltd is a 'BUY' call with a target of Rs 146 and a stop loss of Rs 132 
 
Idea Cellular LtdBSE -2.47 % is a 'SELL' call with a target of Rs 152 and a stop loss of Rs 164 
 
Mitesh Thacker of miteshthacker.com 
 
Union Bank of IndiaBSE 4.24 % is a 'BUY' call with a target of Rs 132 and a stop loss of Rs 116 
 
GAIL Ltd is a 'BUY' call with a target of Rs 330 and a stop loss of Rs 307 
 
IRB Infrastructure Ltd is a 'BUY' call with a target of Rs 83 and a stop loss of Rs 72 
 
HCL TechnologiesBSE -2.57 % Ltd is a 'SELL' call with a target of Rs 1013 and a stop loss of Rs 1072 
 
Sandeep Wagle, Founder & MD, APTART Technical Advisory Services 
 
L&T Ltd is a 'BUY' call with a target of Rs 850 and a stop loss of Rs 820 
 
Dish TV Ltd is a 'BUY' call with a target of Rs 49.50 and a stop loss of Rs 45.50 
 
REC Ltd is a 'BUY' call with a target of Rs 206 and a stop loss of Rs 195 
 
Prakash Gaba, CFT, prakashgaba.com 
 
Bank of Baroda is a 'BUY' call with a target of Rs 560 and a stop loss of Rs 515 
 
L&T Ltd is a 'BUY' call with a target of Rs 870 and a stop loss of Rs 811 
 
Union Bank of India is a 'BUY' call with a target of Rs 136 and a stop loss of Rs 117
 
Gaurav Ratnaparkhi, Technical Analyst, Sharekhan 
 
L&T Ltd is a 'BUY' call with a target of Rs 885 and a stop loss of Rs 810 
 
GAIL India Ltd is a 'BUY' call with a target of Rs 329 and a stop loss of Rs 305 
 
United Phosphorous Ltd is a 'BUY' call with a target of Rs 145 and a stop loss of Rs 132.80 
 
Mayank Mehta, Derivatives Analyst, LKP Shares 
 
Canara Bank is a 'BUY' call with a target of Rs 240 and a stop loss of Rs 220 
 
Tata Consultancy Services Ltd is a 'SELL' call with a target of Rs 1920 and a stop loss of Rs 2005 
 
Raymond Ltd is a 'BUY' call with a target of Rs 245 and a stop loss of Rs 220 
 
 
The 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.