Trading Calls: Buy Indiabulls Housing, Balakrishna Industries, Bhel, Say Experts

The BSE Sensex and Nifty opened higher on Tuesday extending their record breaking rally. However, gains were capped on account of weakness in other Asian shares. Sensex gained over 80 points while Nifty hit a fresh record high of 10,178.95. Tata Motors, Tata Motors DVR, Gail India, Sun Pharma were among the top gainers in Nifty rising between 0.6 per cent to 4 per cent. Meanwhile, Asian shares were mostly lower on Tuesday as traders waited for cues from US Federal Reserve meeting to be held later in the day. Overnight US stocks ended higher. The Dow Jones index rose 0.28 per cent, S&P gained 0.15 per cent while the Nasdaq Composite added 0.1 per cent.

Lovelesh Sharma, Epic Research

Buy United Breweries for a target of Rs 840 with stop loss at Rs 775
Buy Bhel for a target of Rs 138 with stop loss at Rs 130
Buy September Nifty Futures for a target of Rs 10,360 with stop loss at Rs 10,040

Simi Bhaumik, Research analyst

Buy Indiabulls Housing Finance for a target of Rs 1,330 with stop loss at Rs 1,285
Buy Balkrishna Industries for a target of Rs 1,785 with stop loss at Rs 1,725

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