'BUY' or 'SELL' ideas from experts for Thursday, 16 January, 2020

NEW DELHI: Domestic equity market is likely to open lower on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:25 am the SGX Nifty was 5.50 points or 0.04 per cent lower at 12,354.

ET Now spoke to various experts and here's what they have to recommend for today's trade:

CK Narayan of Chart Advise
Hindalco is a 'Buy' call with a target price of Rs 220 and a stop loss of Rs 208.

BHEL is a 'Buy' call with a target price of Rs 50 and a stop loss of Rs 45.

Arun Kumar of Reliance Securities
Cadila Healthcare is a 'Buy' call with a target price of Rs 290 and a stop loss of Rs 255.

Aurobindo Pharma is a 'Buy' call with a target price of Rs 535 and a stop loss of Rs 472.

(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)