Stocks to buy today: List of 20 stocks for profitable trade on June 1

The Indian markets took a breather after the recent rebound and ended marginally lower in a range-bound session. After the initial downtick, the benchmark hovered in a narrow band and settled closer to the day’s low.

Mixed trends on the sectoral front and outperformance of the broader market kept the participants busy: Reuters

The Indian markets took a breather after the recent rebound and ended marginally lower in a range-bound session. After the initial downtick, the benchmark hovered in a narrow band and settled closer to the day’s low.

Consequently, the Nifty index ended lower by 0.5 per cent to close at 16,584 levels and the Sensex closed by 0.64 per cent lower at 55566 levels. Meanwhile, mixed trends on the sectoral front and outperformance of the broader market kept the participants busy.

The global markets, especially the US, closed lower on Tuesday as Dow Jones fell almost 0.7 per cent, followed by S&P 500 down 0.6 per cent and Nasdaq down 0.4 per cent. Similarly, most of the Asian markets gained as Japan’s Nikkei was trading nearly 0.7 per cent in the early morning trade.

Nevertheless, Zee Business brings you a list of stocks for profitable trade on Tuesday. These stocks have been picked keeping in mind intraday call, short-term, positional and long-term investment requirements. Below is the list of stocks.

Stocks recommended by Kushal Gupta

Cash: RVNL - Buy - 34, sl - 31.5

Futures: Hindalco - Sell - 415, sl - 435

Option: HDFC Bank 1380 PE@35.5 - Buy - 50, sl - 30

Techno: JSPL - Sell - 368, sl - 386

Funda: Infosys - Buy – 1800; Duration - 1 year

Invest: Info Edge - Buy – 5000; Duration - 1 year

News: Mold-Tek Packaging - Buy - 732, sl - 700

My choice:

Sun Pharma - Sell - 840, sl - 870

SBI - Sell - 455, sl - 472

Barbeque Nation - Buy - 927, sl - 885