Indian shares are expected to trade lower on Friday tracking weak global cues after more signs emerged of growing instability among Spanish banks and political turmoil in Greece. The rupee has depreciated 6.3% this quarter and is 11.9% down from its February peak as overseas fund flows tapered off while import demand remained stubborn.
INTRADAY NSE BSE TIPS FOR TODAY
1. Wipro Ltd is a 'SELL' call with a target of Rs 375 and a stop loss of Rs 398
2. M&M Ltd is a 'SELL' call with a target of Rs 610 and a stop loss of Rs 650.
3. Sun TV Ltd is a 'SELL' call with a target of Rs 250 and a stop loss of Rs 271
4. Dish TV Ltd is a 'BUY' call with a target of Rs 72 and a stop loss of Rs 56
5. McLeod Russel India Ltd is a 'BUY' call with a target of Rs 272 and a stop loss of Rs 266.
6. ITC Ltd is a 'BUY' call with a target of Rs 243 and a stop loss of Rs 230
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