Stocks to buy today: List of 20 stocks for profitable trade on April 27
Stocks to Buy Today: Snaping two days losing streak, the Indian markets closed with more than one per cent gains on Tuesday.
Stocks to Buy Today: Snaping two days losing streak, the Indian markets closed with more than one per cent gains on Tuesday. The Nifty50 gained 1.4% and the Sensex jumped 1.3% with the indices ending at 17,200 and 57,356 respectively. All sectors settled in the green, but realty, auto indices rose most on Tuesday. The 12-share bank Nifty too closed over 300 points higher around 36,400.
Meanwhile, Asian markets were trading deep in red on Wednesday as Japanese Nikkei 225 dropped nearly 2% in the opening trade, Hang Seng Index at the Hong Kong Exchange was down .8% and Chinese Shanghai Composite was trading lower by 0.5% in the early trade.
Hinting at weakness in the Indian market, SGX Nifty Futures was trading lower by 180 points on the Singaporean Exchange around 8.30 am on Tuesday.
Earlier, US market closed took a severe trashing on Tuesday as it slipped in the red amid weak q4 numbers and selling pressure in tech shares. Dow Jones fell over 800 points, S&P 500 dropped 121 points and Nasdaq closed lower by more than 500 points.
Ahead of the market opening, Zee Business research team brings you a list of 20 stocks for profitable trade on April 27. These stocks have been picked from cash, F&O and techno segments to help investors make money in the short to long term. Below is the list of stocks identified by Zee Business analysts Kushal Gupta and Varun Dubey.
Kushal Gupta Stock Picks
Cash
Som Distilleries - Buy - 68, sl - 63
FUTURES
JSPL - Sell - 510, sl - 533
OPTIONS
Hindalco 490 PE@5.10 - Buy - 13, sl - 3.5
TECHNO
NMDC - Sell - 155, sl - 164
FUNDA
IEX - Buy - 300
Duration - 6 months
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IPL
Schaeffler India - Buy - 2500
Duration - 1 year
STOCK IN NEWS
Birlasoft FUT Sell 412, Sl 432
MYCHOICE
JSW Steel - Sell - 698, sl - 730
Maruti - Buy - 9500, Duration - 1 year
Infosys - Sell - 1530, sl - 1600
BEST PICK
IEX - Buy - 300, Duration - 6 months
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Varun Dubey Stock Picks
CASH
Buy Kovai Medical Target Rs 1768 SL RS 1666
FUTURES
Buy ONGC Target Rs 172 SL RS 165
OPTIONS
Buy Wipro 530 PE May Serie Target Rs 30 SL RS 20
TECH
Sell Laurus Labs Target Rs 555 SL RS 578
FUNDA
Buy AU Small FInance Target Rs 1452 SL RS 1380
IPL
Amber Enterprises target 4500, Duration 8 months
STOCK IN NEWS
Buy UBL Target Rs 1575 SL RS 1500
My Choice
Sell Tata Steel Futures Target Rs 1200 SL RS 1245
Sell Info Edge Target Rs 4400 SL RS 4600
Sell Interglobe Target Rs 1815 SL RS 1890
BEST PICK
Buy ONGC Target Rs 172 SL RS 165
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