FAST MONEY: Wipro, Hikal among key intraday stock ideas

The Sensex and Nifty are expected to open flat on Tuesday tracking muted trend in Asian markets as a highly anticipated US-Korea summit got underway in Singapore, potentially paving the way to ending a nuclear stand-off on the Korean peninsula. Investors may remain on sideways ahead of US Federal Reserve's two-day policy meeting that kicks off later today.

Trading was volatile as MSCI's broadest index of Asia-Pacific shares outside Japan seesawed between positive and negative territory. It was last up 0.1 percent, while Japan's Nikkei .N225 pared early gains to be up 0.6 percent.

South Korean shares rose 0.2 percent while Chinese shares .SSEC pushed up slightly. Australian shares were a tad firmer. The lead from Wall Street was mixed too, with the Dow  barely changed, the S&P 500 up 0.1 percent and the Nasdaq adding 0.2 percent.

Here are top five intraday trading tips:

Wipro (Buy)

Target: Rs 272
Stoploss: Rs 262

The company has its AGM on June 19
Buying in IT stocks expected at lower levels

Crompton Greaves (Buy)

Target: Rs 242
Stoploss: Rs 232

The stock found support two-month fall
Consumer durables stocks remain in focus in summers

Hikal (Buy)

Target: Rs 237
Stoploss: Rs 230

The company decided to issue bonus shares at EGM
Approval to raise share capital

WATCH ZEE BUSINESS VIDEO HERE

Kridhan Infra (Buy)

Target: Rs 95
Stoploss: Rs 89

Associate firm Vijay Nirmaan received order worth Rs 180 crore
Order needs to be completed in 15 days

Eclerx (Buy)

Target: Rs 1302
Stoploss: Rs 1280

Promoters bought 90,000 shares
Promoters bought 0.23% stake in firm on June 11 via open market

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