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Trading Calls: Buy Adani Enterprise, Tata Motors, Wipro, M&M, Say Experts

Domestic shares had ended nearly flat on Monday, after hitting record highs earlier in the session. The BSE Sensex rose 0.14 per cent to end at a record close of 33,731.19.

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Trading Calls: Buy Adani Enterprise, Tata Motors, Wipro, M&M, Say Experts

Indian markets are likely to start Tuesday's session higher


Indian markets are likely to start Tuesday's session higher with the SGX Nifty on Singapore Exchange trading up 37.50 points at 10,516.50. Equities in the other Asian markets hit their highest levels in a decade. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2 per cent in early trade to its loftiest peak since November 2007. Japan's Nikkei slipped 0.2 per cent. All three major US equity indices at Wall Street closed at record highs overnight.

Domestic shares had ended nearly flat on Monday, after hitting record highs earlier in the session. The BSE Sensex rose 0.14 per cent to end at a record close of 33,731.19. The broader NSE Nifty, which climbed to an all-time high of 10,490.45 in the session, ended 0.01 per cent lower at 10,451.80.

Market experts shared their top trading picks:

Simi Bhaumik, research analyst:

Buy Adani Enterprise for a target price of Rs 159 with stop loss at 145

Buy Tata Motors for a target price of Rs 472 with stop loss at Rs 456

Lovelesh Sharma of Epic Research:

Buy Wipro for a target price of 330 with stop loss at Rs 285

Buy M&M for a target price of Rs 1,400 with stop loss at Rs 1,340

Disclaimer: Investors are advised to make their own assessment before acting on the information.


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