Stocks to buy today: List of 20 stocks for profitable trade on April 8

The domestic equity market extended loses for the third straight day on Thursday as benchmarks settled with nearly 1% loss amid volatility and weak global cues. Nifty50 corrected by 0.94% to end at 17,639.55, while the Sensex settled with more than 0.97% loss to 59,034.95 as Indian market awaited Reserve Bank of India's policy outcome on Friday. Nifty midcap and small cap also corrected amid volatility as the indices ended with cuts of 1% and 0.3% respectively on Thursday 

Meanwhile, in the early trade on Friday, global stocks headed for a weekly loss on Friday as the prospect of aggressive global rate hikes finally began to rattle investors, while bonds fell and the dollar looked set for its best week in a month, as per Reuters, 

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MSCI`s broadest index of Asia-Pacific shares outside Japan was steady in morning trade and down about 1.5% for the week so far. Japan`s Nikkei fell 0.2% on Friday to head for a weekly loss of nearly 3%. A late rally had lifted Wall Street indexes modestly, but they are also all down for the week led by a 2.5% loss for the rates-sensitive Nasdaq. U.S. futures were flat. 

Ahead of the market opening, Zee Business brings you a list of stocks for profitable trade. These stocks are picked from cash, F&O and techno segments to help investors make money. The calls have been made keeping in mind the short-term, positional and long-term investment needs of the investors. Below is the list of such stocks, take a look. 

Ashish Chaturvedi Stock Picks
CASH STOCK 
BUY KIRLOSKAR FERROUS TARGET 260 SL 235 
 
FUTURES 
BUY CHOLA INVEST TARGET 715 SL 683 
 
OPTIONS 
BUY IEX 240 CE TARGET 17 SL 8.50 
 
TECHNO 
BUY NIIT LTD TARGET 720 SL 600 
 
FUNDA 
BUY MAHINDRA HOLIDAYS TARGET 310 DURATION 6 MONTHS 
 
IPL STOCK 
BUY ABBOTT INDIA TARGET 24000 DRATION 12 MONTHS 
 
STOCK IN NEWS 
BUY SOBHA TARGET 730 SL 700 
 
MY CHOICE 
BUY JAYSHREE TEA TARGET 125 SL 113 
BUY INDIAN BANK TARGET 175 SL 166 
BUY GRINDWELL NORTON 1995 SL 1875 
 
MY BEST 
BUY ABBOTT INDIA TARGET 24000 DRATION 12 MONTHS 
 
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Kushal Gupta Stock Picks

CASH 
Brigade Enterprises Buy 520, Sl 498 
 
FUTURES 
Havells India - Buy - 1300, sl - 1240 
 
OPTIONS 
Canfin Homes 670 CE@30 - Buy - 50, SL - 20 
  
 
TECHNO 
Axis Bank - Buy - 815, SL - 782 
RBI Policy 
 
FUNDA 
NTPC - Buy - 200, Duration - 1 year 
 
IPL 
Asian Paints - Buy - 3800, Duration - 1 year  
 
STOCK IN NEWS 
Dr Reddy's Buy 4440, Sl 4280 
 
Mychoice 
Divi's Lab Buy 4600, Sl 4430 
Hindustan Zinc Buy 347, Sl 332 
Hindustan Copper Buy 127, Sl 119 
 
Best Pick 
NTPC - Buy - 200, Duration - 1 year 

(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision)