Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which can give up to 15% return

The Nifty50 is expected to open flat on Tuesday tracking muted trend seen in other Asian markets. The index closed 20 point higher at 10,584 on Monday.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 47 points or 0.44 percent. Nifty futures were trading around 10,575-level on the Singapore Stock Exchange.

Wall Street ended mixed on Monday as concerns about soft smartphone demand weighed on tech stocks and pulled the Nasdaq lower while earnings optimism protected against deeper losses, said a Reuters report.

Asian stocks slipped and the US dollar advanced on Tuesday, as a deluge of US government debt this week and the specter of inflation and a higher fiscal deficit drove US borrowing costs near four-year highs, it said.

Stocks in news:

Bharti Infratel: Company's Q4 net profit rises 2 percent to Rs 606 crore

CEAT: The company’s management will meet on April 30, 2018 and consider financial results as well as dividend issue.

Coal India: The company is considering Rs 6,500 crore provision for gratuity payout

Tech Mahindra: The company has tied up with Andhra Pradesh Govt To Establish Cyber Security Operations Centre In Vijaywada

Bharti Airtel: Company plans network expansion in Gujarat with 6000 new sites and 2,000 kilometres of optic fiber in FY19 to strengthen mobile broadband footprint.

Thomas Cook: Shareholders to get 1,889 shares of Quess Corp for every 10,000 shares held

Shilpi Cables: Company gets 90-day extension for corporate insolvency resolution

Jet Airways: Company signs codeshare pact with Aeromexico

Technical Recommendations:

We spoke to HDFC Securities and here’s what they have to recommend:

Thomas Cook: BUY| Target Rs. 325 | Stop-loss Rs 260 | Return 15%

NRB Bearing: BUY| Target Rs195 | Stop-loss Rs 168 | Return 10%

TAKE Solutions: BUY| Target Rs. 230 | Stop-loss Rs 190 | Return 12%

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