The Indian markets returned to winning streak as it closed on a positive note amid strong macroeconomic data on Wednesday. Except for pharma, all other sectoral indices closed in the green.  Nifty Metal added over 2 percent, while BSE midcap index gained 1 percent and smallcap index added 0.27 percent to give a strong closing to the domestic market. 

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The BSE Sensex gained over 600 points, while Nifty50 reclaimed 17150-mark at the market close. Nifty Bank surged 669.60 points or 1.88 per cent to 36,364.90 on Wednesday.

Meanwhile, major Asian markets were also trading in negative on Thursday morning. Japanese Nikkei 225 index was trading with correction of 0.73% or 202 points, Hang Seng was down 0.57% and Shanghai Composite was trading lower by 0.10 % around 7.10 am on Wednesday.

Earlier on Wednesday, major Wall Street indices also closed in the red again on Wednesday. Dow Jones closed over 462 points or 134 per cent to 34,022, Nasdaq Composite ended 1.83% or 284 points to 15,254 and S&P 500 settled at 4513, down 54 points or 1.13% on Wednesday's closing.    

Ahead of the market open, Zee Business research team has identified 20 stocks for profitable trade on Thursday. These shares are identified from Cash, Futures and Options and Techno segments to help investors and traders make money on a given day. Take a look 

Kushal Gupta Stock Picks

Cash

JMC projects - buy - 95, sl - 90

FTR

Hero Motocorp - sell -2380, sl - 2475

OPTN

ONGC142 PE@5 - BUY - 8, sl - 4

Techno

Interglobe aviation - sell - 1850, sl - 1920

Funda

Mahindra Logistics - buy - 800

Duration: 6 months

Invest

Infosys - buy - 2100

Duration: 1 year

News

Panacea Biotech - buy - 222, sl - 212

My choice 1

Asian Paints - Buy - 3750

Duration: 6 months

My choice 2

Indian Hotels - Sell - 178, sl - 186

Mychoice 3

PVR - Sell - 1300, sl - 1370

Best pick

Infosys - buy - 2100

Duration: 1 year

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Ashish Chaturvedi's Stock Picks

CASH  

BUY FORTIS HEALTHCARE TARGET 310 SL 273

FUTURES

SELL SUN PHARMA TARGET 736 SL 759

OPTIONS

BUY TCS 3600 CE TARGET 105 SL 36

TECHNO

BUY BAJA HOLDINGS TARGET 5450 SL 5060

FUNDA

BUY NHPC TARGET 37 SL 30

INVESTMENT PICK

BUY DHANUKA AGRITECH TARGET 900 DURATION 9-12 MONTHS

STOCK IN NEWS

BUY GLOBUS SPIRITS TARGET 1118 SL 1078

MY CHOICE

BUY VOLTAS TARGET 1270 SL 1196

BUY GCPL TARGET 960 SL 914

BUY JAI CORP TARGET 130 SL 116

Ashish Best Pick

BUY DHANUKA AGRITECH TARGET 900 DURATION 9-12 MONTHS

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