Sensex, Nifty may open lower on Oct 27 as GIFT Nifty signals muted start despite Asian rally

Indian stock markets may open in the red again today, October 27, experts have said. The forecast is based on GIFT Nifty, which has indicated a muted start. Asian markets, however, saw strong gains.

Stocks likely to draw investor attention today are Larsen & Toubro, Maruti Suzuki India, Bajaj Auto, Tata Steel, Cipla, Indus Towers, Mazagon Dock Shipbuilders, JSW Infrastructure, Steel Authority of India, Waaree Energies, Paytm, Tata Consumer Products, REC, DCM Shriram, Bank of Maharashtra, Aegis, KFin Technologies, the National Highways Authority of India and Dalmia Bharat. Paytm, Tata Consumer Products, REC, DCM Shriram and Bank of Maharashtra are being watched especially closely.

Chandan Taparia, head of derivatives and technicals in the wealth management division of Motilal Oswal Financial Services Ltd, has recommended three stocks to buy today: Laurus Labs, Multi Commodity Exchange (MCX) and Coforge.

Other market experts have also advised investors to buy some stocks, including Dr Reddy's Laboratories Ltd, Asahi India Glass Ltd, Ajanta Pharma Ltd, Sai Life Sciences Ltd and BSE Ltd.

Experts have also named stocks for first-time investors to watch. The list is long: IndusInd Bank Ltd, Infosys Ltd, ITC Ltd, Kotak Mahindra Bank Ltd, Larsen & Toubro Ltd, Adani Enterprises Ltd, Adani Ports and Special Economic Zone Ltd, Axis Bank Ltd, Bajaj Auto Ltd, Bajaj Finance Ltd, Reliance Industries Ltd, State Bank of India, Sun Pharmaceutical Industries Ltd, Tata Consultancy Services Ltd, Bajaj Finserv Ltd, Mahindra & Mahindra Ltd, Maruti Suzuki India Ltd, NTPC Ltd, Oil and Natural Gas Corporation Ltd, Bharat Electronics Ltd, Bharti Airtel Ltd, Eicher Motors Ltd, Tata Motors Passenger Vehicles Ltd, Tata Steel Ltd, Titan Company Ltd, Trent Ltd, HCL Technologies Ltd, HDFC Bank Ltd and Hindalco Industries Ltd.

The information is based on the views of individual analysts and experts. Investors have been advised to consult certified experts about stocks before taking any investment decision.