BSE to Marico - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment

Indian markets face a muted opening after Tuesday's sharp selloff, with Sensex tumbling 893 points and Nifty 50 closing 1.16 percent lower at 23,824, breaching the critical 24,000 level. Gift Nifty indicates a flat start at around 23,861. FIIs raised short positions in index futures by about 6,000 contracts, taking net shorts above 2.28 lakh contracts. Jay Thakkar of ICICI Securities recommends buying BSE, Marico, and Mankind Pharma futures for short-term F&O trades, while flagging a sideways-to-negative trend for Nifty until it reclaims 24,000.