Sensex today: The benchmark indices are expected to open flat on Thursday tracking negative trend in Asian markets, which came under pressure on Thursday as the threat of imminent US military action in Syria rattled investors and sent oil prices to their highest levels since late 2014 on concerns about supply. At 8:35 am, SGX Nifty was trading at 10,435, up 17 points or 0.16 per cent. 

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MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.05 per cent in early trade while Japan's Nikkei dropped 0.4 per cent.

On Wednesday, the S&P 500 lost 0.55 per cent and the Nasdaq Composite dropped 0.36 per cent while energy shares gained more than 1 percent on rising oil prices.

Trump declared that missiles “will be coming” in Syria, taunting Russia for supporting Syrian President Bashar al-Assad after a suspected chemical attack on rebels. Damascus and Moscow have denied any responsibility.

On Wednesday, foreign portfolio investors (FPIs) bought Rs 362.30 crore worth of domestic stocks, while DIIs were net buyers to the tune of Rs 111.82 crore, provisional data available with BSE suggested. The Sensex ended at 33,940, up 60.19 points, while the broader Nifty50 ended at 10,417, up 14.90 points. In the broader market, BSE Midcap slipped 0.2 per cent, while BSE Smallcap added 0.2 per cent. 

Here are key intraday trading ideas that you must know:

M&M (Buy)

Target: Rs 805
Stoploss: Rs 780

The stock at its 10-week high
Mahindra Defence entered into a deal with Aeronautics Israel for UAVs
Agri-linked companies in focus

IDBI Bank (Sell)

Target: Rs 69.5
Stoploss: Rs 73

RBI imposed Rs 3 crore penalty on IDBI Bank
IDBI Bank violated IRAC norms
Increasing bond yields another worry

ACC (Sell)

Target: Rs 1495
Stoploss: Rs 1545

JP Morgan downgraded the stock
Rating now neutral from overweight: JP Morgan 
Target now Rs 1680 from Rs 2020: JP Morgan

UltraTech (Sell)

Target: Rs 3860
Stoploss: Rs 3945

JP Morgan downgraded the stock
Rating now neutral from overweight: JP Morgan 
Target now Rs 4000 from Rs 4750: JP Morgan 

KEI Industries (Buy)

Target: Rs 465
Stoploss: Rs 448

The stock at lifetime high
Earnings strong for last three quarters
The stock is trading strong for last three weeks

Syngene (Buy)

Target: Rs 635
Stoploss: Rs 608

Biocon Biocon will launch Adalimumab with Mylan
Biocon will launch biosimilar in EU
Biocon entered into a deal with Fujifilm Kyowa
Deepak Fertilizers (Buy)

Target: Rs 368
Stoploss: Rs 357

Promoter Nova Synthetic bought 10,000 shares of the company
Promoters bought shares on April 9

Dolphin Offshore (Buy)

Target: Rs 100
Stoploss: Rs 94

Brent crudeat 2014 peak; crosses $73 (WTI $67.5)
US to take action after chemical attack in Syria

Manpasand (Buy)

Target: Rs 415
Stoploss: Rs 398

The stock is trading above all important moving averages
The stock traded with higher volumes than two-week averages
Uflex (Buy)

Target: Rs 370
Stoploss: Rs 345

Nirmal Bang initiated coverage with buy rating
Target fixed at Rs 504: Nirmal Bang
An upside of 44% expected from current levels

(Stocks mentioned here are for informational purpose. Consult your financial advisor before investing.)