Tracking the momentum, the 50-share Nifty index also slipped from its lifetime high of 8383.05 hit earlier in the day, weighed down by losses in capital goods, IT metal, realty and banking stocks.
At 12:55 p.m.; the 50-share index was at 8,309.6, down 27.4 points or 0.33 per cent. The S&P BSE Sensex was at 27,788.85, down 79.78 points or 0.29 per cent.
ET Now spoke to various experts and here's what they have to recommend for today's trade:
Ashwani Gujral of ashwanigujral.com
United Spirits Ltd is a 'BUY' call with a target of Rs 2675 and a stop loss of Rs 2590
Colgate Palmolive India Ltd is a 'BUY' call with a target of Rs 1860 and a stop loss of Rs 1790
IRB Infrastructure Ltd is a 'BUY' call with a target of Rs 285 and a stop loss of Rs 260
Sun Pharma Ltd is a 'BUY' call with a target of Rs 975 and a stop loss of Rs 900
Mitesh Thacker of miteshthacker.com
Bank of Baroda is a 'BUY' call with a target of Rs 1025 and a stop loss of Rs 959
Bharat Electronics Ltd is a 'BUY' call with a target of Rs 2500 and a stop loss of Rs 2250
India Cements Ltd is a 'BUY' call with a target of Rs 122 and a stop loss of Rs 110
IRB Infrastructure Ltd is a 'BUY' call with a target of Rs 285 and a stop loss of Rs 262
Sandeep Wagle, Founder & CEO, Power My Wealth
Colgate Palmolive India Ltd is a 'BUY' call with a target of Rs 1870 and a stop loss of Rs 1790
ITC Ltd is a 'BUY' call with a target of Rs 375 and a stop loss of Rs 359
Sesa Sterlite Ltd is a 'SELL' call with a target of Rs 234 and a stop loss of Rs 249
Prakash Gaba, CFT, prakashgaba.com
Amararaj Batteries Ltd is a 'BUY' call with a target of Rs 740 and a stop loss of Rs 668
Idea Cellular Ltd is a 'BUY' call with a target of Rs 174 and a stop loss of Rs 164
ITC Ltd is a 'BUY' call with a target of Rs 380 and a stop loss of Rs 358
A K Prabhakar, Independent Market Expert
Exide Industries Ltd is a 'BUY' call with a target of Rs 175 and a stop loss of Rs 160
Crompton Greaves Ltd is a 'BUY' call with a target of Rs 204 and a stop loss of Rs 189
Reliance Capital Ltd is a 'BUY' call with a target of Rs 500 and a stop loss of Rs 464
Kunal Bothra, Head Advisory, LKP
Exide Industries Ltd is a 'BUY' call with a target of Rs 170 and a stop loss of Rs 159
Shriram Transport Ltd is a 'BUY' call with a target of Rs 1000 and a stop loss of Rs 950
Hexaware Technologies Ltd is a 'BUY' call with a target of Rs 225 and a stop loss of Rs 204
(Views and recommendations expressed in this section are the analysts' own and do not represent those of EconomicTimes.com. Please consult your financial advisor before taking any position in the stocks mentioned.)
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