Stocks to buy today: List of 20 stocks for profitable trade on December 9

The Indian markets closed Wednesday on a strong note as the benchmark indices Nifty50 and the Sensex gained nearly 2 per cent after the Reserve Bank of India (RBI) kept the policy rates unchanged and maintained accommodative stance. The surge was led by banking, financial and realty stocks even as Sensex gained by over 1000 points and Nifty50 settled above 17450-mark.  

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Meanwhile on Thursday morning, Japanese Nikkei 225 was trading 0.12% or 33 points lower, Hang Seng Index was up 1.13 per cent and Shanghai Composite was trading flat with positive bias with 0.07 per cent gain around 75 am.  

In the US markets, important indices closed higher for the third consecutive day as Dow Jones gained 0.99% or 35.32 points or 0.099 per cent to 35,754.75, Nasdaq Composite gained 100 points or 0.64per cent to 15,786.99 and S&P 500 settled for 4,701.21, up 14.46 points or 0.31% in Wednesday's closing.  
Ahead of the market open, Zee Business research team has shortlisted 20 shares for profitable trade on Thursday. Below is the list of stock picks:   

Varun Dubey Stock Picks
Buy Venus Remedies Target Rs 490 SL RS 460
Buy M&M FUT Target Rs 870 SL RS 830
Buy Axis Bank 700 PE Target Rs 25 SL RS 16
Buy Ashok Leyland Target Rs 130 SL RS 124
Buy Gland Pharma Target Rs 3650 SL RS 3490
Buy AB Fashion Target Rs 350 Duration 6 to 8 Months
Buy Railtel Target Rs 124 SL Rs 117
Buy Phoenix Mills Target Rs 1110 SL RS 1050
Buy JK Paper Target Rs 221 SL RS 208
Buy ITDC Target 400 SL RS 375

Varun Dubey Best Stock  

Buy AB Fashion Target Rs 350 Duration 6 to 8 Months
 

Deepanshu Bhandari Stock Picks  

Buy NCL Ind Target 235, SL 221
 
Buy Mindtree FUT Target 4720, SL 4615
 
Buy Vedanta 335 Call at 15 Target 23, SL 11
 
Buy Cummins, Target 980, SL 939
 
Buy Can Fin Homes Target 625, SL 575
 
Buy United Breweries Target 1750
 
Buy HCL Tech Target 1205, SL 1158
 
Buy Grauer & Weil Target 64, SL 58
Buy Thermax Target 1730, SL 1668
Buy Vodafone Target 15.2, SL 13.9

Deepanshu's Best Pick

Buy United Breweries Target 1750
 
 
(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.)