Stocks to buy today: List of 20 stocks for profitable trade on January 17

The domestic equity market closed on a flat note after staging a bounce back in the last hour of trading on Friday as even the benchmark indices gained 2.5 per cent each for the week ended January 14, 2022.

These shares have been shortlisted from cash, F&O and techno segments for good returns on intraday, positional to long-term basis

The domestic equity market closed on a flat note after staging a bounce back in the last hour of trading on Friday as even the benchmark indices gained 2.5 per cent each for the week ended January 14, 2022. Nifty 50 managed to close above 18, 250, while the Sensex too settled above 61,200. Sector wise, IT and Realty outperformed the benchmarks, while auto, financial services, FMCG, bank, pharma and media remained under pressure.

In the Asian market on Monday, the indices were trading mixed. Japanese Nikkei 225 was up 0.59%, Hang Seng Index at the Hong Kong Exchange traded lower by 0.54% and Shanghai Composite was trading higher by 0.31% around 8 am on Monday.

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The Wall Street indices too closed mixed, largely in the green on Friday. The S&P 500 closed 0.56% lower, while Nasdaq Composite, S&P 500 and Russell 2000 settled 0.59%, 0.08%, 0.14% higher on Friday respectively. The US markets will remain closed for trading on Monday.

Meanwhile, ahead of the market open on Monday, Zee Business research team brings you a list of 20 stocks for profitable trade. These shares have been shortlisted from cash, F&O and techno segments for good returns on intraday, positional to long-term basis. Below is the list of stocks identified by Kushal Gupta and Varun Dubey on Monday

Kushal Gupta Stock Picks

Cash

Tinplate - Buy - 345, sl - 312

FTR

Hero Motocorp - Buy - 2650, sl - 2540

OPTION

HCL Tech 1330 CE@ 32 - Buy - 52, sl - 25

Techno

Info Edge - Buy - 5843, sl - 5615

Funda

Exide Ind - Buy - 225, Duration - 1 year

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