Stocks to buy today: List of 20 stocks for profitable trade on March 28
The Indian markets ended lower by 0.4% on Friday as benchmarks Nifty 50 slipped below 17,200 and the Sensex declined by more than 200 points amid weak global cues.
The Indian markets ended lower by 0.4% on Friday as benchmarks Nifty 50 slipped below 17,200 and the Sensex declined by more than 200 points amid weak global cues. Sectorally, Realty, Oil & Gas and PSU Bank stocks saw buying interest, while stocks from consumer durables, IT, FMCG and Auto witnessed selling pressure on Friday.
Meanwhile Asian shares stalled and oil prices slid on Monday as coronavirus lockdown in Shanghai looked set to hit global activity, while throwing another wrench into supply chains that could add to inflationary pressures, said Reuters.
Early action on Monday was muted with MSCI`s broadest index of Asia-Pacific shares outside Japan off 0.1%. The index is down 2.3% for the month but well above recent lows.
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Japan`s Nikkei dipped 0.4%, but is still almost 6% firmer for the month as a sinking yen promised to boost exporter earnings.
S&P 500 stock futures eased 0.2%, while Nasdaq futures slipped 0.3%.
Meanwhile, ahead of the market opening, Zee Business research team brings you a list of stocks for profitable trade. The stocks are selected keeping in mind short-term, positional and long-term investment goals of investors. These stocks are picked from cash, F&O and techno segments. Below is the list, take a look.
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY ROYAL ORCHID HOTELS TARGET 130 SL 116
FUTURES
BUY DLF TARGET 372 SL 362
OPTIONS
BUY RELIANCE IND 2600 CE TARGET 39 SL 19
TECHNO
BUY MINDA CORP TARGET 250 SL 185
FUNDA
BUY MISHRA DHATUTARGET 220 DURATION 12 MONTHS
IPL STOCK
BUY SBI CARDS TARGETS 1160 DURATION 12 MONTHS
STOCK IN NEWS
BUY SAGAR CEMENT TARGET 267 SL 250
MY CHOICE
BUY BANK OF BARODA TARGET 111 SL 106.50
BUY GUJARAT ALKALIES TARGET 850 SL 800
BUY GOKALDAS EXPORTS TARGET 424 SL 405
MY BEST
BUY SBICARDS TARGETS 1160 DURATION 12 MONTHS
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Kushal Gupta Stock Picks
Cash
Emami - Buy - 462, sl - 443
FTR
GAIL - Buy - 152, sl - 144
OPTN
Tata Motors 430 PE@7 - Buy - 12, sl - 4
Techno
Biocon Buy 359, Sl 344
Funda
UTI AMC Buy 1200, Duration 1 Year
IPL Stock
Godrej Properties Buy 1900, Duration 1 Year
News
Inox Leisure - Buy - 482, sl - 464
Mychoice
JSPL FUT - Sell - 515, sl - 538
Hindalco FUT - Sell - 605, sl - 628
Bharti Airtel Buy 730, Sl 700
My Best
UTI AMC Buy 1200, Duration 1 Year
Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision
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08:09 AM IST