Dalal Street is likely to open in the green on Friday tracking positive global cues. At 8:49 am, Nifty50 futures on Singapore Exchange -- an early indicator of the opening for the benchmark Nifty50 index in India -- were up 13 points or 0.08 percent at 16,323.50.
Equities in other Asian markets failed to catch a firm lead from a bumper Wall Street session on Friday as the spread of the Delta variant of the coronavirus across the region heightened worries about the economic recovery. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.35 percent, dragged by Chinese blue chips, which fell 0.56 percent. Japan's Nikkei 225 benchmark managed to eke out a gain of 0.11 percent.
The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in US unemployment claims. The Dow Jones industrial average rose 0.78 percent. All eyes are now on the jobs report for July due later on Friday.
CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:
Here are the top buy-sell calls by market experts:
Buy Ashok Leyland around Rs 133-132.5 for a target of Rs 140 with a stop loss at Rs 129
Buy Britannia for a target of Rs 3,700 with a stop loss below Rs 3,575
Sell HDFC Life for a target of Rs 655 with a stop loss at Rs 675
Buy RIL for a target of Rs 2,190 with a stop loss at Rs 2,112
Shrikant Chouhan, Kotak Securities
Buy NMDC for a target of Rs 187 with a stop loss at Rs 177
Buy Cummins for a target of Rs 935 with a stop loss at Rs 890
Buy Escorts for a target of Rs 1,300 with a stop loss at Rs 1,200
Disclaimer: CNBCTV18.com advises users to check with certified experts before taking any investment decisions.