Stocks to buy today: List of 20 stocks for profitable trade on March 21
The Indian markets ended holiday-truncated week with gains of over 4 per cent on Thursday.
The Indian markets ended holiday-truncated week with gains of over 4 per cent on Thursday. Of the 4 trading sessions last week, the domestic equity market ended in the green on three occasions. Benchmarks Nifty 50 and the Sensex had added 4.2% and 4.3% respectively amid positive global cues and softening oil prices in the last four trading sessions.
The Nifty50 ended just shy of 17,300 at 17,287.05 and the Sensex added 1047 points to close at 57,864 as the FIIs turned buyer on Wednesday (March 16) after a long time. On March 17, the FIIs continued their buying as the foreign institutional investors bought Rs 2800.14 crore in the Indian equity market, while the DIIs (Domestic Institutional Investors) sold worth Rs 678.45 crore in the Indian market after a huge gap.
Meanwhile, Asian markets were trading higher to flat in the morning trade on Monday. Japan`s Nikkei was shut, but futures traded around 300 points above the cash close. Hang Seng Index at the Hong Kong Exchange stood at 0.55% and Chinese Shanghai Composite was trading flat with positive bias around 7.30 am on Monday.
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Earlier, the US markets closed in the green for the fourth consecutive session on Friday. Dow Jones and Nasdaq ended with nearly 300 points gain, while S&P 500 added 51 points on Friday.
Meanwhile, ahead of the market opening, Zee Business brings you a list of stocks for profitable trade on Monday. These stocks have been picked from cash, F&O and techno segments to help investors maximize return in the short-term, positional and on long-term investment. Below is the list of 20 such stocks, take a look.
Varun Dubey Stock Picks
Cash
Buy Happiest Minds Target Rs 1200 SL RS 1140
Futures
Buy Tata Steel Target Rs 1340 SL RS 1290
Options
Buy Infosys 1880 CE Target Rs 45 SL Rs 30
Tech
Buy Mahindra Life Target Rs 330 SL RS 310
Funda
Buy Thermax Target Rs 2100 SL RS 1970
In News
Buy Atul Ltd Target Rs 10000 SL Rs 9500
My Choice
Buy SRF Target Rs 290 SL RS 2540
Buy Dhampur Sugar Target Rs 544 SL RS 515
Kushal Gupta Stock Picks
Cash
Clariant Chemicals - Buy - 480, sl - 462
FTR
MARUTI SUZUKI - Buy - 7910, sl - 7610
OPTN
Wipro 605 CE@ 14.35 - Buy - 22, sl - 9
Techno
Balrampur Chini - Buy - 492, sl - 472
Funda
Strides Pharma - Buy - 344, sl - 329
Invest
TCS - Buy - 4400, Duration - 1 year
News
Greaves Cotton - Buy - 181, sl - 173
Mychoice
GUJARAT STATE PETRONET (GSPL) - Buy - 270, sl - 257
Best Pick
Wipro 605 CE@ 14.35 - Buy - 22, sl - 9
(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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11:59 AM IST