Stocks to buy today: List of 20 stocks for profitable trade on December 6

The Indian markets fell on Friday amid omicron scare. Both domestic market equity benchmarks—NSE and BSE — corrected over 1 per cent on the last trading day of the week. The BSE Sensex slipped 765 points, or 1.31% to end at 57,696.46. The NSE Nifty 50 also plunged 205 points, or 1.18%, to settle at 17,196.70.  

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"Concerns over the new Omicron variant, rising global inflation and the FED’s remarks on early tapering continued to drive volatility in the market. Positive domestic macroeconomic data supporting economic growth helped in boosting investor sentiments during the first half of the week," Vinod Nair, Head of Research at Geojit Financial Services had said while listing reasons for fall.  

Meanwhile, Asian markets were trading in the negative even on Monday. Japanese Nikkei 225 was down over 207 points, Hang Seng Index plunged 1.50% and Shanghai Composite slipped 0.07% in the morning trade around 7.15 am on Monday.  

On the Wall Street, Dow Jones closed 59.71 points down to 34,580.08, Nasdaq Composite ended 1.92% lower or 295.85 points to 15,085.47 and S&P 500 also settled 0.84% down to 4,538.43 on Friday's closing.  

Ahead of the market open, Zee Business research team has shortlisted list of 20 stocks that an investor could buy for profitable trade. These stocks have been identified from cash, F&O and techno segments to help traders make profit on a given day. Below is the list of shares picked by our research analysts Varun Dubey and Ashish Chaturvedi.  

Varun Dubey Stock Picks 

Buy Eris Life Target Rs 734 SL RS 690  

Sell Infosys  FUT Target Rs 1700 SL RS 1760  

Buy Tata Motors 480 CE Target Rs 26 SL RS 18  

Sell Kotak Bank FUT Target Rs 1880 SL RS 1940  

Buy IGL Target Rs 525 SL RS 495  

Buy Dixon Tech Target Rs 6000 Duration 4 to 6 Months  

Buy Jindal Photo Target Rs 372 SL RS 351  

Buy NMDC Target Rs 152 SL RS 143 

Buy IOC Target Rs 127 SL RS 120 

Buy Tata chemicals Target Rs 940 SL Rs 900 

Varun's Best Pick 

Sell Kotak Bank FUT Target Rs 1880 SL RS 1940 

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Ashish Chaturvedi's Stock Picks  

BUY LAOPALA TARGET 385 SL 360  

SELL INTERGLOBE AVIATION  FUT TARGET 1825 SL 1913  

BUY PIDILITE 2200 PE TARGET 72 SL 43.5  

BUY AB CAPITAL TARGET 124 SL 113  

BUY MAYUR UNIQUOTERS TARGET 640 DURATION 12 MONTHS  

BUY JBM AUTO TARGET 1300 DURATION 12 MONTHS  

BUY VA TECH WABAG TARGET 350 SL 333  

SELL CG CONSUMER  FUT TARGET 418 SL 435 

SELL CITY UNION BANK FUT TARGET 141 SL 147 

SELL VEDANTA FUT TARGET 330 SL 342 

Varun's BEST Pick 

BUY AB CAPITAL TARGET 124 SL 113 

(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.)