Stocks to buy today: List of 20 stocks for profitable trade on April 13

Extending loss for the second day in a row, the domestic equity market closed in the red tracking weak global cues on Tuesday. Benchmarks Nifty50 and the Sensex dropped 0.8% and 0.6% respectively as the former slipped below 17,600 to close at 17,530, while the latter declined more than 300 points to settle near below 58,800. Nifty midcap and small cap faced tremendous sell-off as both the indices settled with more than 1.5% loss after outperforming benchmarks indices in the last few sessions. 

"Hyperinflation and risk of a policy rate hike are placing the global market on its toes and are impacting the performance of equities with a rise in yield.  The domestic market is also cautious in anticipation of Q4 results and inflation data," said Vinod Nair, Head of Research at Geojit Financial Services.  

The 12-share Nifty Bank outperformed benchmarks as the banking index ended higher by nearly 0.4% on Tuesday.

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"The Bank Nifty Bulls came back strong in the second half and outperformed the Nifty Index. The index is near the resistance zone of 38,000 and needs to take out this level decisively for the bulls to gain full control," said Kunal Shah - Senior Technical & Derivative Analyst at LKP Securities. Request you to use his view in today's copy.   

The lower zone of 37400-37300 is acting as a demand area and a close below it will trigger fresh selling pressure, the expert added. 

Meanwhile, Asian markets were trading mixed in the morning trade on Wednesday. Japanese Nikkei 225 was trading higher by more than 1.5%, while Hang Seng Index at the Hong Kong Exchange and Chinese Shanghai Composite traded lower by 0.10% and 0.54% respectively.  

On the Singaporean exchange, the SGX Nifty Futures index also traded flat with negative bias as the index was trading lower by 15 points around 8 am.  

Earlier, on Wall Street, the Dow Jones Industrial Average fell 0.02%, the S&P 500 lost 0.02% and the Nasdaq Composite added 0.12%. 

Ahead of the market opening on Wednesday, Zee Business research team briangs you a list of stocks for profitable trade. The stocks are picked in a way that they end up helping investors maximse return on their investments. These stocks have been picke from short-term, positional and long-term perspective.  

Kushal Gupta Stock Picks
Cash 
IIFL Wealth - Buy - 1810, sl - 1745 
 
FTR 
Mahanagar Gas - Buy - 842, sl - 810 
 
OPTN 
ONGC 167.50 CE@4.5 - Buy - 9, sl - 2.5 
 
Techno 
Mazagon Dock - Buy - 340, sl - 324 
 
Funda 
Tata Motors - Buy - 560, Duration - 1 year 
  
IPL 
PVR - Buy - 1980, sl - 1910 
 
News 
FACT - Buy - 140, sl - 132 
 
Mychoice 
Axis Bank - Buy - 825, sl - 790 
United Breweries - Buy - 1600, sl - 1530 
Chola Finance - Buy - 762, sl - 732 

Best Pick 
 

PVR - Buy - 1980, sl - 1910 
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Varun Dubey Stock Picks
Cash 
Buy BLS Intl Target Rs 340 SL RS 318 
 
Futures 
Chambal Fert Target Rs 480 SL RS 450 
 
Options 
Buy Tata Power 280 CE Target Rs 12 SL RS 8 
 
Tech 
Buy Kotak Bank Target Rs 1840 SL RS 1785 
 
Funda 
Buy Thermax Target Rs 2070 SL RS 1950 
 
IPL 
Buy Prataap snacks Target Rs 1000 Duration 6 to8 Months 
 
News 
Buy Anand Rathi Wealth Target Rs 635 SL RS 600 
 
Choice 
Buy Radico Khaitan Target Rs 955 SL RS 900 
Buy TVS Motors Target Rs 675 SL RS 640 
Buy RCF Target Rs 105 SL RS 97 
 
Best Pick 
Buy Anand Rathi Wealth Target Rs 635 SL RS 600.