Market drifts lower dragged by metals; 4 stocks to buy or sell today for good returns

The Nifty metal Index was down over 2 percent after dragged by stocks like NALCO, JSW Steel, Jindal Steel & Power, Vedanta, Hindalco Industries, NMDC and Coal India.

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The Indian benchmark indices started the week on a negative note with the Sensex shedding 180 points, trading at 33,851 while the Nifty was down 70 points at 10,387.The Nifty metal Index was down over 2 percent after dragged by stocks like NALCO, JSW Steel, Jindal Steel & Power, Vedanta, Hindalco Industries, NMDC and Coal India.

CNX Pharma was down over 1 percent as stocks including Aurobindo Pharma, Piramal Enterprises and Cadila Healthcare traded weak.

Nifty Midcap was down half a percent.

PFC, Bank of India, Vakrangee, Bajaj Hindusthan, SAIL, JSW Steel, NALCO, Union Bank and Motherson Sumi were down 1-5 percent.

TVS Motor, Dilip Buildcon and VST Tillers gained 1-2 percent.

Sudarshan Sukhani of s2analytics.com, in an interview to CNBC-TV18, recommends which stocks to buy or sell or handsome returns:

Aurobindo Pharma | Rating: Buy | Target: Rs 650, stop loss: Rs 614

Godrej Consumer Products | Rating: Buy | Target: Rs 1106, stop loss: Rs 1065

Cummins India | Rating: Sell | Target: Rs 780, stop loss: Rs 812

PC Jeweller | Rating: Sell | Target: Rs 309, stop loss: Rs 340

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