The Indian markets witnessed one of the worst closings so far this year on Friday. All indices tanked on Friday amid massive selloff and new Covid 19 variant detected in South Africa. Benchmark indices Sensex and Nifty both slipped nearly 3 per cent each on Friday. Sensex crashed 1650 points and Nifty closed below 17,050 level on Friday. The drag was led by Realty, metal, Auto, PSU Bank themed indices as they slipped between 3-6 per cent in a single day on Friday. Pharma stocks were the only positives about the Indian markets on Friday as stocks like Cipla, Dr Reddy, & Divis gained between 3 to 7 per cent. 

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Meanwhile, Asian markets extended their losses on Friday. This comes amid threats of Covid 19 new Omicron variant. Japanese Nikkei 225 index was down nearly 1 per cent or 254 points at 28,497, while Hang Sen Index at Hong Kiong Exchange was also down 0.13% to 24,052, while Shanghai Composite corrected over 0.50% to 3,545 around 7.20 am on Monday.

Earlier on Friday, Dow Jones tanked 905 points to end at 24,899, Nasdaq Composite declined 354 points to 15,492 and S&P 500 corrected 2.27% to 4594 in the early hour trading on Monday.  

Before market opens on Monday, Zee Business research team, like always, have shortlisted 20 stocks for profitable trade on November 29. These stocks are identified to help investors make profit on a given day. Research analysts Varun Dubey and Ashish Chaturvedi have shortlisted the following stocks on Monday, take a look:

Varun Dubey Stock Picks
Buy On Mobile Global Target Rs 108 SL Rs 101
Sell PVR FUT Target Rs 1350 SL RS 1410
Buy MGL 920 CE Target Rs 42 SL RS 30
Sell Interglobe FUT Target Rs 1840 SL RS 1910
Buy Dr Lal Pathlabs Target Rs 3750 SL RS 3620
Buy SBI Cards Target Rs 1200 Duration 4 to 6 months
Buy IDFC Ltd Target Rs 57 SL RS 53
Buy Kotak Bank Target Rs 2040 SL RS 1930
Sell Indian Hotels FUT Target Rs 177 SL RS 186
Buy Tata chemical Target Rs 890 SL RS 840
 
Varun Dubey Best Pick
Buy IDFC Ltd Target Rs 57 SL RS 53
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Ashish Chaturvedi's Stock Picks

BUT NIIT LTD 450 SL 419
SELL ADANI PORTS FUT TARGET 705 SL 726
BUY JSW STEEL 630 PE TARGET 36 SL 27
BUY ESCORTS TARGET 2000 SL 1830
BUY ASTRAZENECA TARGET 4000 DURATION 12MONTHS
BUY NALCO TARGET 130 DURATION 12-18MONTHS
BUY INDUSIND BANK TARGET 920 SL 895
BUY EMAMI LTD TARGET 550 SL 525
SELL SBI LIFE FUT TARGET 1107 SL 1148
SELL TRENT FUT TARGET 1010 SL 1050
 
Ashish Chaturvedi's Best Pick
BUY ESCORTS TARGET 2000 SL 1830
 
 
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.