Stocks to buy today: List of 20 stocks for profitable trade on January 28

The domestic equity markets ended 1 per cent lower on Thursday amid Fed meeting update, FIIs, selling pressure and volatility due to Budget 2022. Headline indices made last moment recovery as Nifty and the Sensex trimmed losses to end above 17, 100 and near 57, 300 on Thursday. Buying interest was seen in banking, media and auto shares as all other sectors largely traded in the negative.

Axis Bank, State Bank of India, Maruti, Cipla, Kotak Bank, IndusInd Bank and Sun Pharma were among the gainers in a falling market. IT shares such as TCS, Infosys, HCL Technologies, Tech Mahindra, Wipro were among top losers on Thursday. Dr Reddy's Laboratories, Titan, Nestle Indian and Powergrid were other stocks that declined. 

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On Friday morning, the Asian markets were trading mixed. Japanese Nikkei 225 was up nearly 2 per cent, while Hang Seng Index at the Hong Kong Exchange and Shanghai Composite traded lower by 0.60% and 0.41% respectively at 7.30 am on Friday.  

Trends remained negative for the Indian markets and SGX Nifty Futures were trading lower by 112.50 points or 0.65% to 17,108.50 on the Singaporean Exchange around 7.35 am on Friday.   

Besides, all major indices on the Wall Street ended in the red as Fed hinted at rate hike earlier than expected. Dow Jones ended marginally lower by 0.02%, Nasdaq Composite slumped 1.40%, S&P500 fell by 0.54% and Russell 2000 dropped massive 2.29% on Thursday. 

Ahead of the market open Zee Business research team has shortlisted list of 20 stocks for profitable trade on January 28. These stocks have been identified from cash, F&O and techno segments for intraday, positional and long-term investment.  

Ashish Chaturvedi Stock Picks 
CASH STOCK 
BUY MMTC TARGET 55 SL 51.80 
  
FUTURES 
SELL HCL TECH TARGET 1067 SL 1092 
  
OPTIONS 
BUY PNB 43 CE TARGET 3 SL 1.65 
  
TECHNO 
BUY LAKSHMI MACHINE TARGET 13000 DURATION 3 MONTHS 
  
FUNDA 
INDIAN METALS & FERRO TARGET 500 DURATION 6 MONTHS 
  
INVESTMENT PICK 
BUY BALRAMPUR CHINI TARGET 550 DURATION 12 MONTHS 
  
STOCK IN NEWS 
BUY TRANSPORT CORP TARGET 750 SL 692 
  
MY CHOICE 
BUY INGERSOL RAND TARGET 1600 SL 1400 
BUY LIC HSG FIN TARGET 355 SL 340 
BUY JB CHEMICALS TARGET 1880 SL 1793 
MY BEST 
BUY LAKSHMI MACHINE TARGET 13000 DURATION 3 MONTHS 
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Varun Dubey Stock Picks  

Buy Automobile Corp of Goa Target Rs 970 SL RS 910 
  
Futures 
Buy RBL Bank Target Rs 162 SL RS 150 
  
Options 
Buy BHEL 60 CE Target Rs 6 SL Rs 3.5 
  
Tech 
Sell Wipro Target Rs 535 SL RS 550 
  
Funda 
Buy Accelya Solutions Target Rs 1090 SL RS 1015 
  
Invest 
Buy Avenue Supermart Target Rs 5000 Duration 4 Months 
  
News 
Buy KPR Mills Target Rs 670 SL Rs 630 
  
My Choice 
Buy TVS Motors Target Rs 660 SL Rs 620 
Buy Indus Tower tgt 265, Sl 242 
Buy MSTC tgt 350 SL 325 
Best Pick 
Buy KPR Mills Target Rs 670 SL Rs 630