Stocks to buy: List of 20 shares that can give you good profit today
The Indian markets closed with losses amid selling pressure on Wednesday for the second consecutive session
The Indian markets closed with losses amid selling pressure on Wednesday for the second consecutive session. Equity benchmarks Nifty50 and S&P BSE Sensex extended their losses as the former fell 152.15 points, or 0.83%, to trade at 18,266.60, while latter plunged 456.09 points or 0.74% to 61,259.96. Nifty Bank also ended marginally down by 22 points to 39518.2 level.
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Meanwhile, Asian markets were trading mixed this morning as Nikkei 225 Index was down 93 points to 29161, Hang Sang Index marginally up by 38 points at 26,174 and the Asia Down Index USD flat at 3959 (down 0.05%) at around 8.40 am .
Aided by technology and healthcare shares amid September quarter results, the US stock indices closed higher or flat on Wednesday (October 20) for the fifth straight session. The Dow Jones Industrial Average rose 152.03 points or 0.43%, to 35,609.34, the S&P 500 gained 16.56 points, or 0.37%, to 4,536.19 and the Nasdaq Composite slipped 7.41 points, or 0.71%, to 15,121.68.
Ahead of the market open, Zee Business has some fresh trading ideas for investors. One should keep an eye on these stocks as they can generate good profit for investors in Thursday's intraday trade. Below are top 20 stocks recommended by our research analysts Vaun Dubey and Ashish Chaturvedi. Have a look:
Varun Dubey's stock picks
Buy Oil India, Target Rs 235 SL RS 224
Sell Astral Ltd FUT, Target Rs 2150 SL RS 2230
Buy ONGC 155 CE, Target Rs 5 SL Rs 3
Buy Devyani intl, Target Rs 128 SL RS 122
Buy Indian Hotels, Target Rs 226 SL RS 215
Buy Ashok Leyland, Target Rs 175 Duration 6 months
Buy TT Ltd, Target Rs 87 SL RS 82
Buy BLS Intl, Target Rs 232 SL RS 220
Sell Apollo Tyres FUT, Target Rs 220 SL RS 230
Sell Aarti Ind FUT, Target Rs 990 SL RS 1035
Varun's Best Pick
Buy Devyani international, Target Rs 128 SL RS 122
Ashish Chaturvedi Stock Picks
BUY MAZAGAON DOCK, TARGET 282 SL 263
SELL UPL FUT, TARGET 700 SL 725
BUY PEL 2650 PE, TARGET 90 SL 50
BUY PROCTER & GAMBLE HYGIENE, TARGET 17200 DURATION 12 MONTHS
SELL CG CONSUMER FUT, TARGET 448 SL 459
BUY INDIAN BANK, TARGET 215 DURTION 9 MONTHS
SELL L&TFIN FUT, TARGET 87 SL 93
Ashish Pick
SELL PIDILITE FUT TARGET 2384 SL 2445
SELL MARICO FUT TARGET 554 SL 567
SELL POLYCAB INDIA FUT TARGET 2245 SL 2320
Ashish BEST Pick
BUY PGHH TARGET 17200 DURATION 12 MONTHS
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