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‘BUY’ or ‘SELL’ ideas from experts for Tuesday, 31 January 2017

The BSE Sensex and NSE Nifty are likely to open on in red on Tuesday following weak global cues.

Nifty futures on the Singapore Stock Exchange (SGX Nifty) was trading 26 points, or 0.30 per cent, down at 8,628, indicating a weak start for NSE Nifty

Asian peers Hang Seng and Nikkei were down by 0.06 per cent and 1.15 per cent, respectively, in morning trade.

On Wall Street, the Dow Jones Industrial Average fell 122.65 points, or 0.61 per cent, to close at 19,971.13, the S&P 500 lost 13.79 points, or 0.60 per cent, to 2,280.9 and the Nasdaq Composite dropped 47.07 points, or 0.83 percent, to 5,613.71.

Back home, benchmark BSE Sensex on Monday registered its first drop in five sessions, slipping 33 points, after investors took profit and adopted a cautious line ahead of the Economic Survey and the Union budget amid weak global leads.

ET Now spoke to various experts and here’s what they have to recommend for today’s trade: has collated a list of trading ideas from various experts and here’s what they had recommended:

Independent market expert
Syndicate Bank

Independent market analyst
Century Textile

Chart Advise
Century Textile

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