Indian market on Monday witnessed the biggest correction since April 2021 ahead of the FOMC meeting and other global and domestic factors. In the closing, the broader Nifty settled with loss of 468.05 or 2.66% lower to 17,149.10 after briefly slipping below 17,000 to 16,997.85. Similarly, the Sensex too slid below crucial 57,000 to 56,984.01, however, the 30-share index recovered in the last minutes and ended at 57,491.51, down 1545.67 or 2.62%. 

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''Sell off in global markets, weak Q3 results and pre-budget nervousness triggered heavy sell-off in the domestic bourses as risk sentiment took a blow ahead of the FOMC meeting," said Vinod Nair, Head of Research at Geojit Financial Services. 

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Investors are keenly awaiting the result of the two-day Fed meeting where the US Central Bank is expected to provide more guidance on its rate hike plans, he said. "While all sectors hit rough weather, stocks of the new age tech companies were the most affected due to drop in growth of profitability amid expensive valuations," he added. 

All major Asian indices continued to trade lower on Tuesday morning as well. Japanese Nikkei 225 declined by 1.77%, Hang Seng Index slipped by 1.41%, Shanghai Composite was trading 0.54% lower and the SGX Nifty Futures were too trading in the red as the index was down 58 points or by 0.34% to 16,999 on Monday.  

Meanwhile in view of the FOMC meeting and the prospect of Russian attack on Ukraine, the US markets ended lower for yet another session on Monday. Dow Jones slid 1.3%, Nasdaq Composite declined 2.72%, S&P500 ended lower by 1.89% and Russell 200 dropped 1.78% end in the red.  

Ahead of the market open Zee Business research team brings you a list of 20 stocks to buy for intraday trade, positional and long-term investments. These stocks have been selected from cash, F&O and Techno segments to help investors maximize their return from the equity market. Below is the list of stocks to buy today.  

Ashish Chaturvedi Stock Picks 

CASH STOCK 

BUY SOLAR IND TARGET 2400 SL 2287   

FUTURES 

SELL IDFC BANK TARGET 43.50 SL 45.10   

OPTIONS 

BUY BANK BARODA 92 CE TARGET 2 SL 0.85   

TECHNO 

BUY GALAXI SURF TARGET 3300 SL 3145   

FUNDA 

BUY NALCO TARGET 130 SL 86   

INVESTMENT PICK 

BUY ITC TARGET 245 DURATION 12 MONTHS   

STOCK IN NEWS 

BUY LINDE INDIA TARGET 2850 SL 2650   

MY CHOICE 

SELL ADANI PORTS FUT TARGET 676 SL 710 

BUY JINDAL WORLD TARGET 350 SL 318 

BUY AVANTI FEEDS TARGET 650 SL 606 

MY BEST 

BUY JINDAL WORLD TARGET 350 SL 318 

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Varun Dubey Stock Picks 

Cash 

Buy Chennai Petro Target Rs 109 SL RS 102 

Futures 

Buy IB Housing Target Rs 216 SL RS 206 

Options 

Buy Ramco Cement 900 PE Target Rs 16 SL: RS 11 

Tech 

SELL Apollo Tyres FUT Target 205, SL 216 

Funda 

Buy Apollo tricot Target Rs 860 SL RS 810 

Invest 

Buy TImken Target Rs 2300 DUration 6 Months 

In News 

Buy Websol Target Rs 140 SL Rs 130 

My Choice 

Buy Oriental hotels Target Rs 55 SL RS 51.5 

Sell Shriram Transport Finance FUT Target 1120, SL 1170 

Sell LIC Hsg FUT Target 325, SL 342 

Best Pick 

Buy Websol Target Rs 140 SL Rs 130