Top stock tips by Sudarshan Sukhani, Mitessh Thakkar: Birlasoft, PVR, HCL Tech and more

Indian equity benchmarks Sensex and Nifty50 are likely to make a gap-down start on Tuesday amid weakness across global markets. At 8:31 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty50 index -- were down 166 points or 0.9 percent at 17,576. Globally, the Russia-Ukraine war and rising COVID infections in China remained on investors' radar.

Equities in other Asian markets were largely in the red as US Treasury yields spiked to three-year peaks ahead of data on inflation in the world's largest economy, which could foreshadow even more aggressive rate hikes from the Fed.

MSCI's broadest index of Asia Pacific shares outside Japan was down 0.1 percent at the last count.

Japan's Nikkei 225 was down 1 percent, Hong Kong's Hang Seng 0.1 percent, South Korea's KOSPI 1.1 percent and Singapore's Straits Times 0.8 percent. China's Shanghai Composite eked out a gain of 0.1 percent.

S&P 500 futures were down 0.4 percent.

Overnight on Wall Street, the three main indices fell as investors started the holiday-shortened week in a risk-off mood. The S&P 500 fell 1.7 per ent, the Dow Jones 1.2 percent and the Nasdaq Composite 2.2 percent.

Buy Divi’s Labs with a stop loss at Rs 4,440

Buy Birlasoft with a stop loss at Rs 480

Sell Deepak Nitrite with a stop loss at Rs 2,320

Sell PVR with a stop loss at Rs 1,910