The Indian stock market fell for the second straight day amid profit booking and volatility due to mixed global cues on Thursday. Domestic equity benchmarks Nifty50 and the Sensex corrected by 0.10% and 0.18% respectively amid massive selling pressure from banking and financial stocks. After touching 17,400, the Nifty ended lower by 17.60 points to 17,304.60 as 17 shares advanced and 33 declined on the index. The barometer Sensex dropped over 100 points to settle at 57,892.01 as 19 shares ended in negative, while 11 settled in the green on the 30-share Sensex on Thursday. 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

"On the index front, 17100-17000 will be seen as the immediate support range while 17500 is the resistance. We could continue to see some higher volatility within this broad range while a breakout on either side beyond the mentioned boundaries will lead to the next directional move," said Ruchit Jain, Lead Research, 5paisa.com 

See Zee Business Live TV Streaming Below:

Meanwhile, all major Asian indices were trading negative in early trade after an exchange of fire in eastern Ukraine and renewed U.S. warnings of an imminent Russian invasion left investors in the lurch. Japanese Nikkei 225 was dow over 0.60%, Hang Seng Index at the Hong Kong Exchange dropped 0.20% and Shanghai Composite was trading flat with negative bias around 7.40 am on Friday.  

In the US market on Thursday, the Dow Jones corrected 1.8% in worst session of the year, the S&;P 500 fell 2.1% and the Nasdaq dropped 2.9%. 

Ahead of the market opening, Zee Business research team brings you a list of 20 stocks from cash, F&O and techno segments to help you make profit. These stocks have been shortlisted keeping short-term, positional and long-term investment perspective of investors. Below is the list of stocks for profitable trade, take a look: 

Varun Dubey Stock Picks 
Cash 
Buy Hester Biosciences Target Rs 2400 SL RS 2250 
 
Futures 
Buy Hero Moto Target Rs 2830 SL Rs 2680 
 
Options 
Buy Metropolis 2000 PE Target Rs 85 SL RS 60 
 
Tech 
Sell Balkrishna Ind Target Rs 1940 SL RS 2030 
 
Funda 
Buy Hind Copper Target Rs 130 SL RS 122 
 
Invest 
Buy Jyothy Labs Target Rs 175 Duration 6 Months 
 
News 
Buy HAL Target Rs 1420 SL RS 1340 
 
My choice 
Sell Ambuja Cement Target Rs 350 SL RS 365 
Sell Astral Ltd Target Rs 1825 SL RS 1910 
Sell Wipro Target Rs 545 SL RS 575 
 
Best Pick 
Buy Jyothy Labs Target Rs 175 Duration 6 Months 
======================================== 
 
Kushal Gupta Stock Picks 
Cash 
LT Foods - Buy - 68, sl - 65.5 
 
Futures 
Bandhan Bank- sell - 310, sl - 325 
 
Options 
HDFC Bank 1500 PE @19.6 - Buy - 40, sl - 14 
 
Techno 
Indiamart Intermesh - sell - 4650, sl - 4870 
 
Funda 
M&M - Buy - 1050 
Duration - 1 year 
 
Investment 
Britannia - Buy - 4150, Duration - 1 year 
 
news 
Chambal Fertilizer FUT Sell - 382, sl - 400 
 
mychoice 
Lupin Buy 790, Sl 762 
Gabriel India Buy 126, Sl 120 
Bharti Airtel Buy 850, Duration 6 Months 
 
Best pick 
M&M - Buy - 1050, Duration - 1 year