Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Industries and Tata Steel and can buy Whirlpool.
Credit Suisse has upgraded Aurobindo to Outperform from Neutral rating with a target price at Rs 750 per share as the stock is attractive for low valuations at 13x FY19 EPS.
Mitessh Thakkar of miteshthacker.com recommends buying Bharat Electronics with a stop loss of Rs 151.50 for target of Rs 164, Can Fin Homes with a stop loss of Rs 528 for target of Rs 560 and Godrej Consumer Products with a stop loss of Rs 1063 and target of Rs 1095.
Earnings downgrade to upgrade ratio moderated on a sequential basis (QoQ) as 65 companies saw earnings cut of over 3 percent (58 in 2QFY18) and 43 companies saw earnings upgrades of over 3 percent (49 in 2QFY18).
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Sun TV and Jindal Steel & Power and can buy Bombay Burmah Trading.
The sharp correction in midcaps makes stock-picking a bit less challenging, as valuation premiums have moderated from the recent highs.
Prakash Gaba of prakashgaba.com is of the view that Ambuja Cements can move to Rs 245 while M&M may test Rs 720.
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.
Morgan Stanley has Overweight call on PNB with a target price at Rs 215 per share as the company reported stable asset quality and provisions were 12 percent higher than estimate.
Kunal Saraogi of Equityrush advises selling Pidilite Industries with a target of Rs 845.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell IRB Infra and can buy Mahindra & Mahindra.
Chandan Taparia of Motilal Oswal Securities suggests buying Indiabulls Housing Finance and Mahindra and Mahindra and has a negative view on Hindalco Industries.
Rahul Shah of Motilal Oswal is of the view that one may buy MM, Can Fin Homes and Tata Steel.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys, DHFL, Interglobe Aviation, M&M and South Indian Bank and can sell Andhra Bank.
Rahul Shah, Associate VP at Motilal Oswal suggests buying Sun Pharmaceutical Industries, Manappuram Finance and Mahindra & Mahindra.
CLSA expects earnings to dramatically improve to a 15-20 percent CAGR over the next two years as corporate earnings return to normal with the bad news already priced in.
CLSA believes the competition should remain high in 2-wheelers & trucks but it is easing in passenger vehicles.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Naval and Eicher Motors and can buy Prestige Estates.
Watch the interview of SP Tulsian of sptulsian.com with Anuj Singhal, Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on fundamentals of market and specific stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell JP Associates and Hexaware Technologies and can buy ONGC.
Meanwhile, in case of Eicher Motors, the December output could have been impacted by capacity transitioning at Thiruvottiyur.
M&M and auto sector, among others, are being tracked by investors on Tuesday.
Rajesh Agarwal of Aum Capital is of the view that one may hold Mahindra and Mahindra.
According to Mitessh Thakkar of mitesshthakkar.com, one may hold Mahindra and Mahindra.
Rahul Shah of Motilal Oswal recommends buying Mahindra & Mahindra, Sun Pharmaceutical Industries and Piramal Enterprises.