Stocks to buy today: List of 20 stocks for profitable trade on April 28
Domestic equity benchmarks Nifty50 and the Sensex slipped in the red on Wednesday amid volatility and weakness in the global market.
Domestic equity benchmarks Nifty50 and the Sensex slipped in the red on Wednesday amid volatility and weakness in the global market. The indices ended one per cent lower as huge selling pressure witnessed by banking and financial stocks weighed on the market. All Nifty sectoral indices closed lower on Wednesday, but the maximum selling pressure was seen in banking, consumer durable and oil & gas stocks.
Meanwhile, Asian markets were off to a good start in the early trade on Thursday as all major indices traded in the green. Japanese Nikkei 225 was up 0.61%, Hang Seng Index at the Hong Kong Exchange rose 0.9% and Chinese Shanghai Composite 0.6% around 8.5 am on Thursday.
Similarly, SGX Nifty Futures on the Singaporean exchange was marginally up by 20 points around the same time.
Ahead of the market opening, Zee Business research team brings you a list of 20 stocks for profitable trade on April 28. These stocks have been picked from cash, F&O and techno segments to help investors make money in the short, positional and long term. Below is the list of stocks identified by Zee Business analysts Kushal Gupta and Varun Dubey.
Kushal Gupta Stock Picks
Cash
Godrej Agrovet - Buy - 530, sl - 507
FTR
Bajaj Auto (may ftr) - Buy - 4000, sl - 3850
OPTN
Persistent Systems 4100 CE@ 242 - Buy - 300, SL - 200
Techno
Ambuja Cement (MAY FTR) - Buy - 400, SL - 380
Funda
GCPL (MAY FTR) - Sell - 770, sl - 805
IPL
IOC - Buy - 160, Duration - 1 year
News
Taj GVK - Buy - 180, sl - 172
Mychoice
Coromandel International - Buy - 875, sl - 835
Voltas - Buy - 1300, sl - 1250
Apollo Tyres - Buy - 217, sl - 207
Best Pick
Apollo Tyres - Buy - 217, sl - 207
~~~~~~~~~~~~~~~
Varun Dubey Stock Picks
Cash
Buy Chennai Petro Target Rs 250 SL RS 235
Futures
Sell HUL Target Rs 2090 SL RS 2170
Options
Buy ICICI Bank 740 CE Target Rs 35 SL RS 23
Tech
Buy Shoppers Stop Target Rs 520 SL RS 490
Funda
Buy NALCO Target Rs 113 SL RS 106
IPL
NOCIL Buy tgt 300, Duration 4-6 MONTHS
News
Buy Indian Hotels Target Rs 245 SL RS 231
My choice
sell Britannia Target Rs 3220 SL RS 3360
Sell HPCL Target Rs 274 SL RS 285
Gujarat Ambuja Exports tgt 345, Sl 325
My Best
NOCIL Buy tgt 300, Duration 4-6 MONTHS
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08:34 AM IST