Stocks to buy today: List of 20 stocks for profitable trade on November 12
The Indian markets closed lower for the third straight day on Thursday amid pressure from auto, metal and banking shares.
The Indian markets closed lower for the third straight day on Thursday amid pressure from auto, metal and banking shares. Benchmarks Nifty 50 ended 143 points or 0.80% lower to 17,873.60, while S&P BSE Sensex closed below 60,000 level to 59,919.69, down 433.13 points or 0.72%.
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Asian Markets were seen trading in the green in early trading hours on Friday. Japanese Nikkei 225 was trading 335 points up to 29612, a gain of 1.14%. Hang Sang Index was also up 113 points to 25,360. Shanghai Composite was also trading flat with positive bias.
Earlier the wall street indices closed mixed as Dow Jones corrected 159 points to close at 35,921, Nasdaq Composite ended with gains of 82 points at 15,704 and S&P500 also settled flat at 4,649, a gain of 3 points, on Thursday's closing.
Even Before market opens, Zee Business Managing research analysts have identified 20 stocks for profitable trade. Below are the stock picks shortlisted by our research analysts Varun Dubey and Kushal Gupta.
Varun Dubey Stock Picks
Buy Dredging Corp Target Rs 362 SL Rs 341
Buy Wipro FUT Target Rs 660 SL Rs 635
Buy Infosys 1740 CE Target Rs 38 SL Rs 26
buy Cochin Shipyard Target Rs 390 SL RS 366
Buy Oil India Target Rs 225 SL Rs 212
Buy Whirlpool Target Rs 3000 Duration 6 Months
Buy Tata Power Target Rs 250 SL Rs 235
Buy Railtel Target Rs 132 SL RS 124
Buy Star Paper Target Rs 150 SL RS 141
Buy Zomato Target Rs 147 SL RS 138
My Best
Buy Oil India Target Rs 225 SL Rs 212
Kushal Gupta Stock Picks
Indian Hume Pipes - Buy - 200, sl - 190
Mphasis FUT - Buy - 3448, sl - 3300
Laurus Labs 460 PE@15 - Buy - 30, sl - 10
Axis Bank FUT - Sell - 718, sl - 746
Siemens - Buy - 3000, Duration: 6 months
Indian Hotels - Buy - 250, Duration: 6 months
Triveni Engineering - Buy - 215, sl - 205
Heranba Ind - Buy - 736, sl - 709
Aster DM Healthcare - Buy - 208, sl - 200
Orient Paper - Buy - 38.5, sl - 36
(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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