Stocks to buy today: List of 20 stocks for profitable trade on June 17

The market continues to crumble due to multiple domestic and global headwinds, especially rate tightening by central banks across the world in view of soaring inflation.

Based on news development and share movements, these stocks are picked from cash, F&O and techno space to help investors make money on their capital. Source: Pixabay

The market continues to crumble due to multiple domestic and global headwinds, especially rate tightening by central banks across the world in view of soaring inflation. The Indian market has ended on a negative note for the fifth straight session on Thursday as it also witnessed benchmark Nifty50 slipping below crucial 15,400 for the first time in the past one year.

On Friday, around 8am, SGX Nifty Futures were trading with marginal gains of 30 points on the Singaporean exchange in the morning trade.

The cues from major Asian indices were mixed on Friday as Japanese Nikkei 225 slumped 2.3%, Hang Seng Index at the Hong Kong Exchange traded higher by nearly one per cent and Chinese Shanghai Composite was up around 0.4% on Friday.

Meanwhile, Zee Business research team brings you a list of 20 stocks that can be bought for profitable trade. The list is prepared by the team on a daily basis and comprises intraday stocks, F&O calls and stocks to buy on a short to long-term basis. Based on news development and share movements, these stocks are picked from cash, F&O and techno space to help investors make money on their capital. Hindustan Oil Exploration, Tata Steel, Welspun and Wipro are among top 20 stocks to watch today.

Ashish Chaturvedi Stock Picks

CASH STOCK

BUY GICRE TARGET 120 SL 113

FUTURES

SELL SUN PHARMA 790 SL 824

OPTIONS

BUY GLENMARK 360 PE TARGET 15.80 SL 9

TECHNO

SELL NBCC TARGET 26 SL 28.90

FUNDA

BUY ABBOTT INDIA TARGET 24000 DURATION 12 MONTHS

INVEST STOCK