Business News Desk: In the first full session of the month of November, the market is beginning with a decline. Nifty and Sensex opened with a decline on Monday. Apart from Nifty Auto, all other sectors opened in the red in early trade. The Nifty Auto index showed a rise after strong sales data in October. On Monday, Nifty opened at 24235 with a decline of 69.30 points or 0.29%. Nifty Bank opened at the level of 51606.80 with a decline of 67.10 points or 0.13%. Sensex also opened at the level of 79488.81 after a fall of 235.31 points or 0.30%. Selling pressure was seen increasing in the market within the first few minutes of market opening. Nifty was seen slipping below 24100. Sensex also showed a weakness of more than 600 points. The list of bullish stocks of Nifty in the early hours included M&M, Cipla, Eicher Motors, Tech Mahindra and HCL Technologies. These showed a rise ranging from 0.6% to 4.2%. Whereas, in the list of weak stocks of Nifty, the stocks of Sun Pharma, Bajaj Auto, Infosys, Hindalco Industries and Adani Ports were included on the top. There was an increase of 1.40% to 1.95%.
Experts’ favorite calls
Rajesh Satpute’s favorite shares
Share: JSW Stell
Opinion: Buy
Target: Rs 900/1000 per share
Stoploss: Rs 960 per share
Prakash Gaba’s favorite shares
Share: Bharat Forge
Opinion: Buy
Target: Rs 1450 per share
Stoploss: Rs 1400 per share
Manas Jaiswal’s favorite shares
Share: Aarti Industries
Opinion: Buy
Target: Rs 545 per share
Stoploss: Rs 514 per share
Ashish Baheti’s favorite shares
Share: Escort Kubota
Opinion: Buy
Target: Rs 3850 per share
Stoploss: Rs 3750 per share
Rachna Vaidya’s favorite shares
Share: LIC Housing Finance
Opinion: Buy
Target: Rs 650/665 per share
Stoploss: Rs 630 per share
Sachchidanand Uttekar’s favorite shares
Share: Adani Ports
Opinion: Buy
Target: Rs 1460 per share
Stoploss: Rs 1380 per share
Mayuresh Joshi’s favorite shares
Share: Sumitomo Chemical
Opinion: Buy