Stocks to buy today: List of 20 stocks for profitable trade on February 8
The Indian markets closed in the red for the third consecutive session on Monday with headline indices turning effectively negative in 2022 as Nifty and the Sensex corrected almost 3 per cent each
The Indian markets closed in the red for the third consecutive session on Monday with headline indices turning effectively negative in 2022 as Nifty and the Sensex corrected almost 3 per cent each. The broader Nifty50 ended near 17,200, while the Sensex slipped more than 1000 points in Monday's closing, dragged by financial services, FMCG, Nifty banking and healthcare services shares.
On Tuesday, Asian indices were trading mixed as Japanese Nikkei 225 was up 0.40%, Hang Seng Index at the Hong Kong Exchange was trading lower by 0.70% and Shanghai Composite flat with negative bias as the index traded 0.03% lower around 7.45 am.
In a positive signal for the Indian markets, the SGX Nifty Futures was trading higher by 49.50 points or 0.29% to 17,263.50 at the Singaporean Exchange around 7.50 am on Tuesday.
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The US market too ended mixed on Monday as the Dow Jones closed with 1.39% gain, Nasdaq Composite witnessed a cut of 0.58%, S&P500 declined by 0.37% and Russell 2000 was up 0.51%.
Ahead of the market opening, Zee Business research team shortlisted a list of 20 stocks for profitable trade on Tuesday. These stocks have been identified from cash, F&O and techno segments to help you make profit in the short-term, positional and long-term basis. Below is the list, take a look:
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY JINDAL STAINLESS TARGET 230 SL 214
FUTURES
BUY HIND COPPER TARGET 146 SL 140
OPTIONS
BUY COAL INDIA TARGET 162.50 CE TARGET 6.30 SL 4.0
TECHNO
BUY POLYPLEX CORP 2045 SL 1880
FUNDA
BUY GUJARAT ALKALIES TARGET 830 DURATION 2 MONTHS
INVESTMENT PICK
BUY DLF TARGET 465 DURATION 12 MONTHS
STOCK IN NEWS
BUY PHOENIX MILLS TARGET 1020 SL 960
MY CHOICE
BUY SUVEN PHARMA TARGET 570 SL 552
BUY MM FORGINGS TARGET 680 SL 660
BUY TATA ELXSI 7800 SL 7580
MY BEST
BUY POLYPLEX CORP 2045 SL 1880
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Kushal Gupta Stock Picks
Cash
BSE - Buy - 2200, sl - 2100
FTR
TVS Motor - Buy - 656, sl - 628
OPTN
Biocon 400 CE@11.30 - Buy - 18, sl - 7
Techno
V-Guard - Buy - 230, sl - 219
Funda
KRBL - Buy - 270, Duration: 3 months
Investment
United Drilling Buy 700, Duration 1 Year
News
JM Financial Buy 75, sl 72
My choice
Bharti Airtel Buy 730, Sl 698
Sonata Software Buy 1000, Duration 6 Months
Tata Steel Buy 1210, Sl 1170
Best pick
TVS Motor - Buy - 656, sl - 628
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