Stocks to buy: AIA Engineering, Indus Tower, Jyothy Lab and Vedanta among list of 20 stocks for profitable trade on June 16

After the US Federal Reserve hiked interest rate by 75 bps on expected lines, the cues from Asian and global markets were largely positive.  

SGX Nifty Futures traded higher by around 120 points on the Singaporean exchange, while Japanese Nikkei 225 gained nearly 1.5% in the morning trade on Thursday.  

Besides, major US indices too ended in the green on Wednesday. US benchmarks Dow Jones, Nasdaq and S&P 500 ended higher by 1%, 2.5% and 1.4% respectively after the Fed rate hike came on the expected lines. 

Meanwhile, ahead of the market opening, Zee Business brings you a list of stocks for profitable trade on June 16. These stocks have been picked from cash, F&O and techno space to help investors make money in the short-term to long-term and also include intraday calls. Below is the list of stocks:    

Ashish Chaturvedi Stock Picks 
CASH KA STOCK 
BUY AIA ENGINEERING TARET 2220 SL 2076 
 
FUTURES 
BUY INDUS TOWER TARGET 208 SL 200 
 
OPTIONS 
BUY LTTS 3300 CE TARGET 155 SL 95 
 
TECHNO 
BUY PITTI ENG TARGET 400 SL 300 
 
FUNDA 
BUY RADICO KHAITAN TARGET 1000 DURATION 1 YEAR 
 
INVEST STOCK 
BUY AEGIS LOGISTICS TARGET 285 DURATION 1 YEAR 
 
STOCK IN NEWS 
BUY MAHINDRA LIFE TARGET 422 SL 398 
 
MY CHOICE 
SELL INTERGLOBE AVIATION TARGET 1695 SL 1760 
BUY MAHINDRA CIE TARGET 211 SL 195 
BUY BHARAT DYNAMICS TARGET 840 SL 800 
 
 
MY BEST 
BUY INDUS TOWER FUT TARGET 208 SL 200 
 
~~~~~~~~~~~~~~~~~~~~~~~~~ 
 
Varun Dubey Stock Picks 
Cash 
Buy Jyothy Labs Target Rs 158 SL Rs 149 
 
Futures 
Buy Vedanta Target Rs 300 SL RS 287 
 
Options 
Buy Titan 2100 CE Target Rs 85 SL Rs 58 
 
Tech 
Sell AB Fashion Futures Target Rs 234 SL RS 243 
 
Funda 
Buy Axis Bank Target Rs 670 SL RS 640 
 
Invest 
Buy Sona Blw Target 750, Duration 6 Months 
 
News 
Buy Voltamp Transformer Target Rs 2460 SL RS 2320 
 
My Choice 
Buy Tata Steel Target Rs 990 SL RS 950 
Buy Veranda Learning Target Rs 263 SL RS 248 
Buy Tube Investment Target Rs 1600 SL RS 1530 
 
Best Pick 
Buy Axis Bank Target Rs 670 SL RS 640