Stocks to buy today: List of 20 stocks for profitable trade on December 17

Snapping four days losing streak, the Indian markets closed with marginal gains on Thursday. The surge was largely led by IT shares. Domestic equity benchmarks the Sensex and the Nifty ended 0.20% and 0.16% higher in the Thursday's closing. Nifty Midcap, Nifty Bank and Nifty financial services, however, ended lower by 0.40%, 0.65% and 0.35% respectively. 

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The Asian markets started Friday in the red as major indices traded negatively in the morning trade. Nikkei 225 was trading lower by 0.88%, Hang Seng Index slipped 0.22% and Shanghai Composite declined 0.06%. around 7.45 am on Friday morning.

The major US markets closed in the red a day after the Federal official meeting.  Dow Jones ended marginally down by 0.08%, Nasdaq Composite corrected as much as 2.47%, S&P 5000.87% and Russell 2000 was down by 1.95% in Thursday's closing.

"The Indian markets opened on a positive note following Asian market cues as global investors assess US Fed's decision on taper and rates. However, the upside remains capped on relentless FII selling in capital markets which impacted traders’ sentiment. During the closing session, the markets succumbed to selling pressure,” said Narendra Solanki, Head- Equity Research (Fundamental), Anand Rathi Shares & Stock Brokers.  

Ahead of the market open, Zee Business research team brings you a list of 20 stocks for profitable trade on Friday. These stocks are identified from cash, future and techno segments to help traders and investors maximise their profit.  Below is the list of 20 stocks, have a look:  

Ashish Chaturvedi Stock Picks

BUY LG BALA TARGET 640 SL 606  

BUY INFOSYS FUT TARGET 1808 SL 1765  

BUY L&T INFOTECH CE 6900 CE TARGET 231 SL 152  

BUY EVEREST IND TARGET 635 SL 365  

BUY HIND ZINC TARGET 340 SL 320  

BUY CENTURY TEXTILES TARGET 1100 DURATION 12 MONTHS  

BUY MAZAGAON DOCK TARGET 270 SL 262  

BUY COFORGE 5470 SL 5320

SELL CIPLA FUT 860 SL 890

SELL SHRIRAM TRANSPORT FUT 1302 SL 1342

Ashish Best Pick  

BUY EVEREST IND TARGET 635 SL 365

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Kushal Gupta Stock Picks  

Happiest Minds - Buy - 1310, sl - 1250  

HDFC Bank FUT - Buy - 1545, sl - 1482  

TCS 3580 CE@66.5 - Buy - 85, sl - 54  

Tata Power - Sell - 215, sl - 225  

IB Housing - Buy - 330 Duration: 6 months  

Vodafone Idea BUY 19, 1 Year  

Tarsons Products Buy 640, sl 615  

Persistent Systems Buy 4630, sl 4470

Union Bank of India Buy 47.5, sl 45.5

Bata India Buy 1970, sl 1890

Kushal Gupta Best Pick

TCS 3580 CE@66.5 - Buy - 85, sl - 54

(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.)