Indian shares are set to open with gains on Friday as uncertainty around Lok Sabha elections faded after a historic mandate won by the Narendra Modi government. Election commission data showed Modi’s National Democratic Alliance has secured 350 seats, with BJP alone winning 303 seats in the 2019 general elections. However, negative global sentiment could limit gains for Indian shares.

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Asian shares traded near four-month lows and crude oil plunged on worries the US-China trade conflict could turn into a more entrenched strategic dispute between the world’s two largest economies. Indian benchmark indices the BSE Sensex and NSE’s Nifty 50 hit all-time highs in the previous session but settled 0.7 percent lower on profit booking. Analysts said the market could further consolidate going ahead as the focus will shift to fundamentals and economy.

Among stocks, Sudarshan Sukhani is bullish on Kotak Bank, HCL Tech, and Divi's Labs, and bearish on Jubilant Life Sciences and Motherson Sumi. Mitessh Thakkar has a 'buy' call on Interglobe Aviation, City Union Bank, Intellect Design and 'sell' call on Eicher Motors. Prakash Gaba is positive on Mahanagar Gas and negative on Bajaj Finserv, Bata India, and Hindalco.

Top stock recommendations by market experts for Friday:

Sudarshan Sukhani - s2analytics.com

- Sell Jubilant Life Sciences with a stop loss of Rs 522, target at Rs 507

- Sell Motherson Sumi Systems with a stop loss of Rs 116.5, target at Rs 112

- Buy Kotak Mahindra Bank with a stop loss of Rs 1,494, target at Rs 1,525

- Buy HCL Tech with a stop loss of Rs 1,050, target at Rs 1,078

- Buy Divis Labs with a stop loss of Rs 1,725, target at Rs 1,760

Mitessh Thakkar - mitesshthakkar.com

- Buy Interglobe Aviation with a stop loss of Rs 1,525, target at Rs 1,572

- Sell Eicher Motors with a stop loss of Rs 20,850, target at Rs 19,800

- Buy City Union Bank with a stop loss of Rs 210, target at Rs 224

- Buy Intellect Design with a stop loss of Rs 234, target at Rs 250

Prakash Gaba - prakashgaba.com

- Buy Mahanagar Gas with a stop loss of Rs 860, target at Rs 920

- Sell Bajaj Finserv with a stop loss of Rs 8,175, target at Rs 7,500

- Sell Bata India with a stop loss of Rs 1,380, target at Rs 1,000

- Sell Hindalco Industries with a stop loss of Rs 197, target at Rs 185

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