Stocks to buy today: List of 20 shares for profitable trade on January 24

The Indian markets ended in the red on Friday amid FPI booking profits, rising oil and input prices coupled, rise in US bond yields and expected tightening of monetary policy by Central Banks.

These shares have been shortlisted from cash, F&O and techno segments. Investors can keep an eye on these stocks from intraday, positional to long term perspective. Source: Pixabay

The Indian markets ended in the red on Friday amid FPI booking profits, rising oil and input prices coupled, rise in US bond yields and expected tightening of monetary policy by Central Banks. The broader Nifty50 slipped 0.79% and the Sensex declined 0.72% amid weak global cues and Quarter 3 earnings. The two indices closed with loss of 139.85 points to 17,617.15 and 427.44 points to 59,037.18. Almost all sectors were seen under pressure, as excluding FMCG, all sectors ended in the red as IT continued to drag the market even on Friday.

On Monday morning, the Asian market indices were trading in the red. Japanese Nikkei 225 was trading with discount of 0.73%, Hang Seng index corrected over 1 per cent and Shanghai Composite declined 0.40% and SGX Nifty traded lower by as much as 0.52% at 7.30 am this morning.

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Earlier on Friday, all top Wall Street indices were in the red. Dow Jones corrected 1.30%, Nasdaq Composite tanked 2.72%, S&P500 slumped 1.89% and Russell 200 ended lower by whooping 1.78% on Friday's closing.

Meanwhile, ahead of the market open, Zee Business research team has identified a list of 20 stocks for equity market investors. These shares have been shortlisted from cash, F&O and techno segments. Investors can keep an eye on these stocks from intraday, positional to long term perspective. Below is the list of stocks identified by our research analysts—Ashish Chaturvedi and Varun Dubey.

Ashish Chaturvedi Stock Picks

CASH STOCK

BUY CSB BANK TARGET 255 SL 239

FUTURES

BUY ICICI BANK TARGET 830 SL 800

OPTIONS

BUY PETRONET LNG 210 PE TARGET 2.10 SL 0.50

TECHNO

BUY JBM AUTO TARGET 1685 SL 1550

FUNDA

BUY ONGC TARGET 180 SL 150

INVESTMENT PICK