Subdued global markets and a weak Indian rupee pulled the domestic equity indices lower on Thursday, with the BSE Sensex closing 179 points lower.Globally, investor sentiments were weighed down by the ongoing trade war concerns among major economies.In the domestic market, expiry of the June derivative contracts also added to the volatility on Thursday, IANS reported.CK Narayan, Founder, Chart Advise lists 2 stock ideas for Friday:Jet Airways is something which is slipping and has been slipping for quite some time.
It shows no interest whatsoever of rallying up strongly or meeting up with fresh buying interest.
It is now down to about Rs 332 and I see a continued decline to about Rs 320-325 zone at the minimum.
So shorting Jet Airways with a stop loss close to Rs 337-340 is one call.PVR has been resilient over the last few days, particularly when the market has been weaker.
I think that does show the return of buyers to PVR.
So in Rs 1,385-1,390 price region, buy it with the 15-point stop loss, with a target of Rs 1,410.