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. 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 

BUY INFO EDGE TARGET 7000 DURATION 12-18 MONTHS 

STOCK IN NEWS 

BUY GLAND PHARMA TARGET 3800 SL 3540 

MY CHOICE 

BUY INOX LEISURE TARGET 400 SL 375 

BUY KSB TARGET 1305 SL 1240 

BUY ABBOTT INDIA TARGET 21000, SL 15000 

MY BEST 

BUY JBM AUTO TARGET 1685 SL 1487 

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Varun Dubey Stock Picks 

Cash 

Buy PCBL Target Rs 245 SL Rs 228 

Futures 

Buy Axis Bank Target Rs 730 SL Rs 700 

Options 

Buy Bandhan bank 295 CE Target Rs 15 SL RS 9 

Tech 

Sell Voltas Futures Target Rs 1150 SL RS 1200 

Funda 

Buy Sharda Cropchem Target Rs 395 SL RS 371 

Invest 

Buy Acrysil Target Rs 1000 Duration 6 Months 

In News Buy 

Titagarh Wagon Target Rs 120 SL RS 112 

My Choice 

By Bharti airtel Target Rs 720 SL RS 680 

Buy HP Adhesive Target Rs 440 SL RS 410 

Sell Dr Lal Target Rs 2920 SL RS 3040 

Best Pick 

Buy PCBL Target Rs 245 SL Rs 228