The Indian markets ended the first day of 2022 on higher note amid fresh buying from FIIs in December. Domestic equity benchmarks S&P BSE Sensex and NSE Nifty50 continued their gaining streak from 2021 and settled higher on Monday on the back of fresh inflows of foreign funds and positive global cues.  

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The FPIs pumped in Rs 902.64 crore on the BSE, NSE and MSEI in capital market segment. Consequently, the S&P BSE Sensex closed at 59,183.22 points, up by 929.40 points or 1.60 per cent from its previous close. Similarly, the broader 50-scrip Nifty at the National Stock Exchange (NSE) rose to 17,625.70 points, higher by 271.65 points or 1.57 per cent from its previous close. 

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Meanwhile on Tuesday, In the Asian market, except for Shanghai Composite, which traded 0.35% lower, major indices opened higher as Japanese Nikkei 225 was trading 1.45% higher and Hang Seng index traded 0.20 % up on Tuesday morning.  

The US markets closed on a bullish note on the first trading day of 2022. Dow Jones gained 247 points, Nasdaq Composite added 188 points, S&P 500 ended 30 points higher and Russell 2000 closed with 27 points gain on Monday. 

Ahead of the market open, Zee Business research team has shortlisted list of 20 stocks for profitable trade. These stocks have been identified from cash, F&O and techno segments for intraday and positional trade and for long-term basis. Below is the list of shares for profitable trade on Tuesday, January 4:  

Ashish Chaturvedi Stock Picks 

CASH STOCK 
BUY BUTTERFLY GANDHIMATI TARGET 1270 SL 1200 
 
FUTURES 
BUY ASTRAL POLY TARGET 2385 SL 2310 
 
OPTIONS 
BUY REC 135 CE TARGET 5.5 SL 2.95 
 
TECHNO 
BUY FORTIS HEALTH TARGET 340 DURATION 3 WEEKS 
 
FUNDA 
BUY KRISHNA INSTITUTE TARGET 1800 DURATION 4 MONTHS 
 
INVESTMENT PICK 
BUY PAGE IND TARGET 51000 DURATION 9-12 MONTHS 
 
STOCK IN NEWS 
BUY HINDUJA GLOBAL TARGET 3530 SL 3300 
 
MY CHOICE 
BUY PRECISION CAMSHAFT TARGET 155 SL 148 
BUY NAZARA TECH TARGET 2520 SL 2390 
BUY SCHAEFFLER INDIA TARGET 9450 SL 9100 
 
MY BEST 
BUY PAGE IND TARGET 51000 DURATION 9-12 MONTHS 

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Varun Dubey Stock Picks  
Cash 
Buy Ajmera Realty Target Rs 312 SL Rs 294 
 
Futures 
Buy Vedanta Target Rs 370 SL RS 350 
 
Options 
Buy ONGC 145 CE Target Rs 5 SL RS 3 
 
Tech 
Buy Minda Corp Target Rs 210 SL RS 196 
 
Funda 
Buy SCI Target Rs 147 SL RS 137 
 
Invest 
Buy Hind Copper Target Rs 170 DUration 6 Months 
 
In News 
Buy Mirza int; Target Rs 132 SL RS 124 
 
My Choice 
Buy DCW Target Rs 46 SL RS 43.5 
Buy SEAMEC Target Rs 1155 SL RS 1090 
Sell Tata Motors Futures Target Rs 485 SL Rs 505 
 
Best Pick 
Buy Minda Corp Target Rs 210 SL RS 196