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Indian shares are expected to trade lower on Wednesday tracking weakness in global markets as euro zone crisis deepened further after Greece failed to form a government.
World Market Updates
Debt-stricken Greece must prepare for its second elections in less than two months after failing to form a government, exacerbating the euro zone crisis which France and Germany vowed to resolve.
Nifty Trading Range Today
Nifty showed strength in Tuesday's session and this could be a positive indicator for short term. However, Nifty must sustain above 4950 level in further sessions to carry the gains forward. Nifty has some support at 4900-4875 levels and if the index holds its support zone then recovery may be seen.
FREE NSE BSE STOCK TIPS FOR TODAY
1. Asian Paints Ltd is a 'BUY' call with a target of Rs 3920 and a stop loss of Rs 3700
2. BPCL is a 'BUY' call with a target of Rs 770 and a stop loss of Rs 710
3. Maruti Suzuki Ltd is a 'SELL' call with a target of Rs 1160 and a stop loss of Rs 1250
4. IndusInd Bank Ltd is a 'SELL' call with a target of Rs 290 and a stop loss of Rs 312
5. Shriram Transport Finance Company Ltd is a 'SELL' call with a target of Rs 485 and a stop loss of Rs 520
6. Aditya Birla Nuvo Ltd is a 'SELL' call with a target of Rs 750 and a stop loss of Rs 830
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