The Indian markets ended in the red amid quick sell-off in closing hours as global cues turned negative. Benchmarks Nifty 50 slipped below 17,400, while the Sensex gave up 58,000. The two indices closed 0.17% and 0.25% lower to 17,322 and 57,996.68. Nifty PSU Bank, metal and media declined the most, while consumer durables, realty and pharma gained. 

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"Falling western markets prompted a quick sell-off during closing hours. In yet another blow to global inflationary pressure, UK’s inflation jumped to 5.5% in January recording a 30 year high, putting pressure on the Bank of England for a further rate hike sooner than earlier anticipated," Vinod Nair, Head of Research at Geojit Financial Services. 

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In the Asian market, the indices were trading mixed amid geo-political tension between Russia and Ukraine. Japanese Nikkei was trading 0.30% lower, Hng Seng Index at the Hong Kong Exchange was up 0.50% and Chinese Shanghai Composite was trading flat with positive bias.  

In the US market, indices closed mixed as Dow Jones ended 0.16%, Nasdaq declined 0.11%, S&P500 closed marginally 0.09% higher and Russell 2000 settled with 0.14% gains.  

Ahead of the market opening, Zee Business research team brings you a list of 20 stocks that can help investors mint money on a short to long-term basis. These stocks have been picked from cash, futures and techno segments. Below is the list of stocks, take a look. 

Varun Dubey Stock Picks 

Cash 

Buy SPIC Target Rs 56 SL RS 53   

Futures 

Buy IOC Target Rs 125 SL RS 120   

Options 

Buy Dr Reddy's 4350 CE Target Rs 80 SL RS 52   

Technical 

IRCTC buy TGT 855, Sl 810   

Funda 

Buy Tata Motors DVR Target Rs 250 SL RS 234   

Investment 

Buy Himatsingka Seide Target 250, Duration 6 Months   

News 

Buy Schaeffler India Target Rs 1700 SL RS 1600   

My Choice 

Buy Advani Hotels Target Rs 86 SL RS 81 

Buy Mawana Sugar Target Rs 113 SL RS 107 

Buy SJVN Target Rs 32 SL RS 30 

MY BEST 

Buy Schaeffler India Target Rs 1700 SL RS 1600 

Kushal Gupta Stock Picks 

Cash 

Quess Corp - Buy - 600, sl - 570   

FTR 

GAIL - 143, sl - 136   

OPTN 

Tata Motors 500 CE@11 - Buy - 18, sl - 7   

Techno 

Sona BLW - Buy - 670, sl - 642   

Funda 

Jubilant Ingrevia - Buy - 650, Duration - 1 year   

Investment 

Ashok Leyland Buy 165, Duration Duration - 1 year   

Stock In News 

BHEL Buy 57, Sl 54   

My Choice 

NMDC Buy 157, Sl 150 

Eicher Motor Buy 2785, SL 2670 

Sonata Soft Buy 805, Sl 770   

My best 

Jubilant Ingrevia - Buy - 650, Duration - 1 year