Stocks to buy today: List of 20 stocks for profitable trade on March 22

The Indian market ended nearly 1% lower on Monday amid rising crude oil prices in view of some European Union members mulling to impose sanctions on Russian oil.

Benchmark Nifty50 settled near 17,100, while barometer Sensex declined nearly 600 points as the indices settled 0.98% and 0.99% cuts on Monday. Source: Pixabay

The Indian market ended nearly 1% lower on Monday amid rising crude oil prices in view of some European Union members mulling to impose sanctions on Russian oil. Benchmark Nifty50 settled near 17,100, while barometer Sensex declined nearly 600 points as the indices settled 0.98% and 0.99% cuts on Monday. Nifty midcap ended 0.28% lower, while the smallcap index gained 0.23% on Monday's closing as banking, FMCG and auto stocks turned out top laggards. Metal stocks saw buying interest in the falling market.

Meanwhile, Asian markets were trading in the green on Tuesday. Japanese Nikkei 225 was up more than 1.5%, Hang Seng Index at the Hong Kong exchange gained 0.70% and Chinese Shanghai Composite was trading flat.

See Zee Business Live TV Streaming Below:

SGX Nifty was too trading flat with positive bias as the future index rose marginally by 17 points to 17,168.50 on the Singaporean exchange around 8 am on Tuesday.

In the US market, the Dow Jones Industrial Average fell 201.94 points, or 0.58%, to 34,552.99, the S&P 500 lost 1.94 points, or 0.04%, to 4,461.18 and the Nasdaq Composite dropped 55.38 points, or 0.4%, to 13,838.46.

"U.S. stocks declined broadly while oil prices and Treasury yields pushed higher on Monday as investors refocused on risks from conflict in Ukraine and the U.S. Federal Reserve`s actions on inflation," said Reuters.

Meanwhile, ahead of the market opening, Zee Business research team brings you a list of 20 stocks for profitable trade. These stocks have been picked to help investors mint money on a short-term, positional basis and long-term investment. Below is the list of stocks:

Ashish Chaturvedi Stock Picks

CASH STOCK

BUY GHCL TARGET 552 SL 530

FUTURES

BUY LAURUS LABS TARGET 606 SL 588

OPTIONS

BUY ONGC 175 CE TARGET 6 SL 2.25

TECHNO

BUY NAHAR POLY TARGET 650 DURATION 3 MONTHS

FUNDA

BUY NIIT LTD TAGET 670 DURATION 12 MONTHS

INVESTMENT PICK