Stocks to buy today: List of 20 stocks for profitable trade on May 16

Both the benchmark indices – Sensex slipped by over 136 points and Nifty50 settled below the 15800-level amid weak global cues on Friday.

On the global front, the US indices closed higher on Friday, as Dow Jones jumped almost 1.5 per cent: PTI

The domestic markets on Friday concluded negative as the benchmark indices – Sensex slipped by over 136 points and Nifty50 settled below the 15800-level amid weak global cues. On the contrary, Nifty mid-cap and small-cap closed positive by around 1 per cent higher on Friday

On the global front, the US indices closed higher on Friday, as Dow Jones jumped almost 1.5 per cent, Nasdaq and S&P 500 surged around 4 and 2.5 per cent at the close. In Asian markets, Japan’s Nikkei is trading higher nearly 0.5 per cent, while Hong Kong, China, and South Korea indices fall in the early morning trade.

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.

Stocks recommended by Varun Dubey

Cash: Buy Railtel Target Rs 100 SL RS 93.5

Futures: Buy Bandhan bank Target Rs 330 SL RS 312

Tech: Buy Sell Torrent Power FUT Target Rs 420 SL RS 440

Funda: Buy Britannia Target Rs 3375 SL 3220

IPL: Buy Radico Khaitan Target Rs 1000 Duration 8 Months

News: Buy Elgi Equipment Target Rs 267 SL RS 250

My Choice

Buy Triveni Eng Target Rs 276 SL RS 260

Buy Punjab Alkalies Target Rs 79 SL RS 74

Buy Avenue Supermart Target Rs 3330 SL Rs 3200

Best Pick: Buy Radico Khaitan Target Rs 1000 Duration 8 Months