Stocks to buy today: Mahindra CIE, Wipro, Shakti Pumps and ICICI Bank among list of 20 stocks for profitable trade on June 29

Ahead of the market opening, the cues from Asian and global markets were negative in the early trade on Wednesday.  

Hinting at a negative opening for the Indian market, SGX Nifty Futures declined nearly 100 points on the Singaporean exchange in the morning trade.  

Other major Asian markets, such as Japanese Nikkei 225 and Hang Seng Index at the Hong Kong exchange declined more than one per cent each, while Chinese Shanghai Composite dropped 0.3% around 8 am on Wednesday.  

Earlier, the US markets closed in the red as well. Dow Jones, Nasdaq and S&P500 declined between 1.5-3% on Tuesday.  

Meanwhile, Zee Business brings you a list of stocks for profitable trade on Wednesday. These stocks are picked from cash, F&O and techno space to help investors mint money in the short-to-long term. It also comprises intraday calls. Below is the list of stocks on June 29.  

Varun Dubey Stock Picks 

Cash 

Buy Mahindra CIE Target Rs 250 SL RS 238 

Futures 

Sell Nippon India FUT Target Rs 260 SL RS 276 

Options 

Buy Wipro 430 PE Target Rs 7.5 SL RS 5 

Techno 

Sell Firstsource Solutions FUT Target Rs 100 SL RS 105 

Funda 

Buy Carborundum Target Rs 786 SL RS 740 

Investment 

Buy Ashok Leyland Target Rs 175 Duration 4 Months 

Stock In News 

Sell Havells FUT Target Rs 1075 SL RS 1125 

My Choice 

Sell Bata FUT Target Rs 1670 SL Rs 1745 

Sell HDFC Bank FUT Target Rs 1305 SL RS 1370 

Buy Alembic Pharma Target Rs 768 SL RS 725 

Best Pick 

Sell Nippon India FUT Target Rs 260 SL RS 276 

Kushal Gupta Stock Picks 

Cash 

Shakti Pumps - Buy - 530, sl - 508 

Futures 

Au Small Fin Bank July FUT - Sell - 590, SL - 615 

Options 

ICICI Bank July PE@ 20.4 - Buy - 30, SL - 15 

Techno 

Coromandel International July FUT - Sell - 905, sl - 940 

Funda 

Eicher Motors - Buy - 3500, Duration - 1 year 

Investment 

SKF India - Buy - 4200, Duration - 1 year 

Stock In News 

Apollo Hospitals July FUT - Sell - 3720, sl - 3875 

My Choice 

Bank of Baroda July FUT - Sell - 98, sl- 103 

Kotak Bank Jul FUT sell 1625, Sl 1700 

Bajaj Finance Jul FUT Sell 5400, SL 5610 

Best Pick 

Au Small Fin Bank July FUT - Sell - 590, SL - 615