The Sensex and Nifty are expected to open flat on Friday tracking Asian equities, which sagged as worries about US trade policy hit global financial markets, which were already shaken this week by political turmoil in Italy.

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Wall Street shares posted deep losses overnight after the United States said it would impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union.

MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.08 percent.

The index was down roughly 0.9 percent this week, during which it touched a six-week low on concerns that political developments in Italy could weaken its commitment to the euro and exacerbate the country’s debt burden.

Japan's Nikkei shed 0.1 percent.

Here are key stock ideas for Friday's trade:

IndiGo (Buy)

Target: Rs 1240
Stoploss: Rs 1212

Stock got included in MSCI index
Crude oil slipped 2% in global markets
BlackRock Funds International Opportunities Portfolio bought 43.87 lakh shares at Rs 1219.75

D-Mart (Buy)

Target: Rs 1595
Stoploss: Rs 1565

Stock got included in MSCI index
Volumes went up against two-week average
BlackRock India Equities Fund (Mauritius) bought 56.62 lakh shares at Rs 1575.55

Idea Cellular (Buy)

Target: Rs 65
Stoploss: Rs 60.5

Selling Tower sale business to ATC completed
Sold tower business at Rs 4000 crore

Rallis India (Buy)

Target: Rs 220
Stoploss: Rs 210

Monsoon big trigger for the stock
Agri shares to remain in focus

WATCH ZEE BUSINESS VIDEO HERE

SRF (Buy)

Target: Rs 1955
Stoploss: Rs 1925

The stock found support after four-week fall
The stock is trading around 200-DMA level

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