Buy IRB Infrastructure with a target price of Rs 135
IRB InfrastructureBSE 1.21 % Ltd is a 'BUY' call with a target of Rs 135 and a stop loss of Rs 119.
Dish TV Ltd is a 'SELL' call with a target of Rs 38 and a stop loss of Rs 47
HCL Technologies LtdBSE 0.79 % is a 'SELL' call with a target of Rs 1275 and a stop loss of Rs 1340
Tech Mahindra LtdBSE 0.22 % is a 'SELL' call with a target of Rs 1700 and a stop loss of Rs 1750
Nifty to open in green aided by positive global cues
The Indian equity market is likely to open in the green a day after it saw deep cuts due to profit booking and weak global cues. The SGX Nifty, an indicator of the market opening, was trading at 6704, up 32.50 points at 7:40. Global cues too are likely to support Nifty in its recovery. US markets ended mostly higher after Russian President Vladimir Putin signaled a willingness to talk on the Ukraine crisis. European markets closed mixed and Asian shares are rebounding in morning trade ahead of China trade data due today. In other asset classes, the dollar index is hovering around 79.20 levels against the euro trading steady near 1.39. Nymex crude oil prices rose after a government report showed an unexpected sharp drop in inventories in the US. Brent Crude too gained.
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