Broadly post the recent fall in the market, the index is likely to trade in a range of 10,740-10,400 and consolidate around these levels.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy M&M, ITC, Dish TV and Ashok Leyland and can sell Godfrey Phillips, Chennai Petro, LIC Housing and DHFL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT Technologies and Tata Consultancy Services and can sell Jubilant Foodworks.
Sudarshan Sukhani of s2analytics.com recommends buying DLF, Jubilant Foodworks and Hexaware Tech.
The market breadth was in favour of the advances on Tuesday morning with 1047 stocks advancing as against 541 declines while 419 remained unchanged. On the other hand, 1292 stocks advanced and 701 stocks declined while 78 remained unchanged on the BSE.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HCL Tech, Kotak Mahindra Bank and Jubilant Foodworks and can sell Kaveri Seed and Can Fin Homes.
The market breadth was in favour of the advances on Monday morning with 838 stocks advancing as against 620 declines while 198 remained unchanged. On the other hand, 1392 stocks advanced and 822 stocks declined while 101 remained unchanged on the BSE.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Prudential Life Insurance, Tata Elxsi and Jubilant Foodworks.
In his new role, Bisht will lead finance and accounts, secretarial and legal functions of the company, the firm said in a regulatory filing.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell PNB and HPCL and can buy Hexaware, Infosys, Jubilant Foodworks and Sun Pharma.
The market breadth was in favour of the advances on Wednesday morning with 960 stocks advancing as against 649 declines while 389 remained unchanged. On the other hand, 1357 stocks advanced and 868 stocks declined while 89 remained unchanged on the BSE.
Sandeep Wagle of powermywealth.com recommends buying Jubilant Foodworks and Tata Chemicals.
Motilal Oswal is bearish on Jubilant Foodworks has recommended sell rating on the stock with a target price of Rs 1270 in its research report dated October 26, 2017.
Edelweiss recommended hold rating on Jubilant FoodWorks with a target price of Rs 1842 in its research report dated October 26, 2017.
The company reported better than expected earnings for the September quarter as it reported net profit at Rs 48.5 crore against Rs 21.6 crore in the previous quarter.
The company had posted a net profit of Rs 21.56 crore during the same period of the previous fiscal, Jubilant FoodWorks said in a regulatory filing.
Jubilant Foodworks is the stock in focus now. CNBC-TV18 learns that Domino's is overhauling its pizza seasoning packaging which includes oregano, chili flakes.
Ashwani Gujral of ashwanigujral.com recommends buying Coromandel International, Ashok Leyland, IGL, Edelweiss Financial Services and Jubilant Foodworks.
The house believes that same store sales growth is likely to be 8 percent, 10 percent and 12 percent for FY18, FY19 and FY20 respectively. Margin of Jubilant Foodworks is likely to expand by 610 basis points over FY17-20.
In an interview to CNBC-TV18, Abhimanyu Sofat, VP-Research at IIFL shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com suggests buying Motherson Sumi Systems, HPCL and Divis Laboratories.
The company also said that it maintained stringent hygiene and quality standards for its products and these were certified practices.
The Jubilant Foodworks stock was under pressure in trade yesterday on reports of bugs being found by a Domino's consumer in their seasoning sachet. The company has since issued a clarification saying it was a one-off incident. In an interview to CNBC-TV18, Naveen Kulkarni, Co-Head of Research at PhillipCapital shared his views and readings on the stock.
Ashwani Gujral of ashwanigujral.com recommends selling Jubilant Foodworks and IOC while he advises buying Reliance Industries, HDFC Bank and Caplin Point.