Stocks to buy today: List of 20 stocks for profitable trade on May 13
The Indian markets ended with deep cuts of over 2% on Thursday as investors wealth tumbled by more than 5lakh crore in a single day.
The Indian markets ended with deep cuts of over 2% on Thursday as investors wealth tumbled by more than 5lakh crore in a single day. Benchmarks Nifty50 slipped below 15,800 and the Sensex slid over 1100 points ahead of CPI data, which saw India's annual retail inflation peaking to an eight-year high. Nifty midcap and small cap indices too declined around 2% as unabated profit booking continued in small cap and mid cap stocks.
Meanwhile, Asian markets were trading in the green on Friday morning. Japanese Nikkei 225 was up over 2%, Hang Seng Index at the Hong Kong Exchange gained more than 1.5% and Shanghai Composite over half per cent in the early trade on Friday.
In a good sign for the domestic market, the SGX Nifty too returned in the green, gaining more than 150 points in early trade on Friday.
Earlier, the US markets saw a mixed closing as Dow Jones ended lower by more than 100 points, Nasdaq ended marginally higher by 0.06%, while S&P 500 dropped around 0.13%.
Like every day, Zee Business research team brings you a list of 20 stocks that could be bought for robust returns on a short-term, positional and long-term basis. These stocks have been picked from cash, F&O and techno segments to help investors make money on their investments. Below is the list of stocks picked by our analysts Varun Dubey and Ashish Chaturvedi.
Varun Dubey Stock PIcks
Cash
Buy Matrimony Target Rs 690 SL Rs 655
Futures
Sell Tata Motors Target Rs 360 SL RS 376
Options
Buy Wipro 475 CE Target Rs 17 SL RS 11
Tech
Sell Godrej Properties Target Rs 1280 SL RS 1335
Funda
Buy India Cement Target Rs 175 SL RS 165
IPL
Buy Titan Target Rs 2500 Duration 6 Months
News
Buy Poonawala Fincorp Target Rs 225 SL Rs 212
My Choice
Sell LIC Housing Finance Target Rs 322 SL RS 335
Sell Honeywell Automation Target Rs 35800 SL RS 37300
Best Pick
Wipro
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY ANUPAM RASAYN TARGET 805 SL 770
FUTURES
SELL MCX TARGET 1105 SL 1170
OPTIONS
BUY BATA 1660 PE TARGET 60 SL 41
TECHNO
BUY BLUEDART TARGET 7700 DURATION 2 WEEKS
FUNDA
BUY ICRA TARGET 4650 DURATION 6 MONTHS
IPL STOCK
BUY ABBOTT INDIA TARGET 24000 DURATION 12-18 MONTHS
STOCK IN NEWS
BUY WINDLAS BIO TARGET 222 SL 212
MY CHOICE
BUY SONATA SOFT TARGET 690 SL 650
BUY EQUITAS HOLDINGS TARGET 118 SL 110
SELL UPL TARGET 740 SL 775
MY BEST
BUY BLUEDART TARGET 7700 DURATION 2 WEEK
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.