Stocks to buy: List of 20 stocks for profitable trade on April 4
Stocks to buy Today: Kicking of FY 23 in a style, domestic equity benchmarks opened more than 1 per cent higher, ending the week gone by on positive note four out of five occasions
Stocks to Buy Today: Kicking of FY 23 in a style, domestic equity benchmarks opened more than 1 per cent higher, ending the week gone by on positive note four out of five occasions. The Nifty50 settle near 17,700, gaining 1.18% and the Sensex jumped 708 points to close at 59,276.69 on Friday. Nifty PSU Bank, Realty, Oil & Gas were top performing sectors even as pharma, healthcare closed in the red with marginal cuts.
Meanwhile, Asian markets were trading mixed on Monday as Japanese Nikkei 225 was trading flat with marginal gains, Hang Seng index at the Honng Kong Exchange was up 0.76% and SGX Nifty Futures declined 27 points in the opening trade. There was no trading seen on Shanghai Composite due to a holiday in China on Monday.
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Earlier on Friday, all major Wall Street indices have ended in the green With Dow Jones settling above 0.4%, Nasdaq was up by 0.29%, S&P 500 ended higher by 0.34% and Russell 200 closed with over 1% gains.
Ahead of the market opening, Zee Business brings you a list of 20 stocks to buy for profitable trade. These stocks have been picked from cash, F&O and techno space keeping in mind shrt-term, positional and long-term investment requirements of the investors. Below is the list of stocks, take a look:
Ashish Chaurvedi Stock Picks
CASH STOCK
BUY DMART TARGET 4200 SL 4037
FUTURES
BUY TATA STEEL TARGET 1350 SL 1312
OPTIONS
BUY APOLLO HOSP 4500 PE TARGET 227 SL 196
TECHNO
BUY INIDIA GLYCOLS TARGET 1310 SL 1050
FUNDA
BUY NMDC TARGET 200 DURATION 12 MONTHS
IPL STOCK
BUY NALCO TARGET 150 DURATION 12 MONTHS
STOCK IN NEWS
BUY HDFC BANK TARGET 1550 SL 1490
MY CHOICE
BUY STAR PAPER TARGET 180 SL 166
BUY PURVANKARA TARGET 112.50 SL 107
BUY GSFC TARGET 180 SL 170
BEST PICK
BUY INIDIA GLYCOLS TARGET 1310 SL 1050
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Kushal Gupta Stock Picks
Cash
Acrysil - Buy - 895, sl - 857
FTR
HDFC - Buy - 2550, sl - 2440
OPTN
IGL - 380 CE@ 15.55 - Buy - 22, SL - 12
Techno
Blue Star - Buy - 1125, sl - 1080
Funda
Hero Motocorp - Buy - 2700
Duration - 1 year
IPL
Symphony - Buy - 1150, sl - 1108
News
Garden Reach Shipbuilders - Buy - 237, sl - 227
Mychoice
Canfin Homes - Buy - 675, sl - 647
Barbeque Nation - buy - 1310, sl - 1255
Sudarshan Chemicals - Buy - 550, sl - 528
Best Pick
Blue Star - Buy - 1125, sl - 1080
(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
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