Stocks to buy today: List of 20 stocks for profitable trade on April 29

Powered by FMC and energy stocks, domestic equity benchmarks Nifty50 and Sensex close more than 1 per cent higher on Thursday. Headline indices Nifty50 closed above 17,200, while the Sensex surged over 700 points on Thursday. Nifty media was the only sectoral index to end in the red as mid cap and small cap indices in the broader market too settled in the green.  

"Even as the Euro hit a 5 year low against the Dollar, Benchmark Indices on D-Street rose almost 2% in Afternoon Trade before giving up some gains powered by Energy & FMCG stocks with Reliance becoming the first Indian company to cross m-cap of $250bn," said S Ranganathan, Head of Research at LKP securities. 

Meanwhile, Asian markets were trading mixed in the early trade on Friday as Japanese Nikkei 225 rose 1.75%, Hang Seng Index at the Hong Kong Exchange dropped 0.3%, while Chinese Shanghai Composite gained 0.4%.  

Similarly, SGX Nifty Futures rose by 80 points on the Singaporean exchange around the same time, hinting at a positive opening for the domestic markets.  

Ahead of the market opening, Zee Business research team has identified a list of stocks for profitable trade. The stocks have been picked from cash, F&O and techno space to help investors make money in short to long-term. Below is the list of stocks, take a look:  

Kushal Gupta Stock Picks 

Cash 

MRPL - Buy - 74, sl - 67 

FTR 

Ramco Cement - Buy - 810, sl - 775   

OPTN 

Wipro 520 CE@ 24 - Buy - 35, SL - 19   

Techno 

Mphasis - Buy - 2900, SL - 2770 

Funda 

Blue Star - Buy - 1360 

Duration - 3 months 

IPL 

Maruti - Buy - 8166, sl - 7850 

NEWS 

IIFL Finance - Buy - 377, sl - 362 

Mychoice 

Gujarat Gas - Sell - 500, sl - 521 

Indiamart Intermesh - Sell - 4700, sl - 4895 

Titan - Buy - 2593, sl - 2490 

Best Pick 

MRPL - Buy - 74, sl - 67 

Varun Dubey Stock Picks 

Cash 

Buy Huhtamaki India Target Rs 196 SL RS 185 

Futures 

Buy Ambuja Cement Target Rs 400 SL RS 377 

Options 

Buy Vedanta 410 CE Target Rs 25 SL RS 17 

Tech 

Buy Axis Bank Target Rs 810 SL RS 765 

Funda 

Buy Shriram Transport Target Rs 1195 SL RS 1125 

IPL 

News 

Buy Steel Exchange of India Target Rs 222 SL RS 210 

My Choice 

Buy AB Capital Target Rs 128 SL RS 120 

Sell IGL Futures Target Rs 365 SL RS 382 

Sell MGL Futures Target Rs 800 SL Rs 840 

Best Pick 

Steel Exchange of India