Stocks to buy today: 20 shares for profitable trade on December 14
The Indian markets ended lower on Monday after starting the day on a strong note amid rising Omicron cases. Headline indices Nifty and the Sensex were pulled down by financial and FMCG shares.
The Indian markets ended lower on Monday after starting the day on a strong note amid rising Omicron cases. Headline indices Nifty and the Sensex were pulled down by financial and FMCG shares. The Nifty50 was down 143.05 points or 0.82% to 17,368.25 and the Sensex closed lower by over 500 points to 58,283.42. Banking and tech shares surged even as Nifty Bank corrected 0.49 percent and Nifty IT gained 0.31 per cent.
See Zee Business Live TV Streaming Below:
Meanwhile, Asian markets were largely trading largely in the negative as Nikkei 225 was down 0.18%, Hang Seng Index was trading lower by 0.17% and Shanghai Composite was down 0.43% in the early morning trade. The decline comes amid the spread of the Omicron coronavirus variant and central bank decisions this week, including a key Federal Reserve meeting.
Earlier on Friday, the wall street indices corrected up to 1.40 per cent amid higher inflation rate at 4.91 per cent in November 2021. All major indices ended in the red. Dow Jones closed 0.89 per cent down, Nasdaq Composite 1.39 per cent lower, S&P 500 ended 0.91 per cent negative and Russell 2000 settled for 1.42 per cent lower in Monday's trade.
Ahead of the market open, Zee Business research team brings you a list of 20 stocks from cash, F&O and techno segments for profitable trade. These shares are picked to help investors make money on a given day. Below is the list of stocks identified by our research analysts:
Ashish Chaturvedi's Stock Picks
BUY SCHAEFFLER INDIA TARGET 8800 SL 8000
SELL ABFRL FUT TARGET 261 SL 272
BUY BAJAJ AUTO 3300 PE TARGET 83 SL 47
SELL TRENT FUT TARGET 1004 SL 1044
BUY LUMAX AUTO TECH 215 DURATION 12MONTHS
BUY CDSL TARGET 2030 DURATION 12 MONTHS
BUY IRCON INTL TARGET 48.50 SL 46
SELL TATA CONSUMER FUT TARGET 740 SL 765
SELL ACC FUT TARGET 2250 SL 2330
BUY V GUARD TARGET 245 SL 233
Ashish Best Stock Pick
BUY CDSL TARGET 2030 DURATION 12 MONTHS
=================================================
Deepanshu Bhandari Stock Picks
Buy Affle Target 1115, SL 1067
Sell ICICI Pru Fut Target 555, SL 577
Buy Axis Bank 700 Put at 13 Target 25, SL 8
Sell Bajaj Finance Fut Target 7125, SL 7310
Buy Piramal Ent Target 3050, SL 2650
Buy PVR Target 1700, Time 9 months
Buy Greenlam Target 1730, SL 1650
Buy Metropolis Target 3300, SL 3150
Buy Wipro Target 665, SL 638
Buy ITC Target 241, SL 230
Deepanshu Best Pick:
Buy Affle Target 1115, SL 1067
(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.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Mukhyamantri Majhi Ladki Bahin Yojana: Know eligibility, benefits, and documents to apply for this women-centric government scheme
Top 7 Small Cap Mutual Funds With Highest SIP Returns in 10 Years: Rs 11,000 monthly SIP investment has grown to Rs 59 lakh in No. 1 scheme; what about others?
Stocks to Buy for 3-4 Weeks: Axis Securities picks 3 stocks for up to 14% gains; check targets and stop losses
Top 7 SBI Mutual Funds With Highest SIP Returns in 5 Years: Rs 15,000 monthly SIP investment in No. 1 scheme has grown to Rs 21,88,409; what about others?
08:26 AM IST