The Indian market ended in the red for the third consecutive session on Wednesday as benchmarks Nifty50 and the Sensex declined by more than half per cent each. Meanwhile, Asian indices were trading mixed in the early trade on Thursday. SGX Nifty Futures, which indicates trend for the Indian market, was trading higher by 80 points on the Singaporean exchange in the morning. Japanese Nikkei 225 was trading flat with positive bias, Hang Seng Index at the Hong Kong Exchange dropped more than one per cent, while Chinese Shanghai Composite was trading lower by 0.7%. 

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Earlier, on Wednesday, the US markets made a strong recovery from lower levels as Dow Jones ended with a gain of over 190 points, Nasdaq ended higher by 170 points and S&P 500 rose 37 points.  

Meanwhile, ahead of the market opening, Zee Business brings you a list of stocks for profitable trade on Thursday. These stocks have been picked from cash, F&O and techo segments to help investors make money. The calls have been given on a short-term, positional and long-term basis. The list also included intraday calls. Below is the list of stocks identified by our research analysts Kushal Gupta and Ashish Chaturvedi.  

Kushal Gupta Stock Picks  

Cash 

Fortis Healthcare - Buy - 250, sl - 238  

FUTURES 

ICICI Bank - Buy - 738, sl - 708  

OPTIONS 

Interglobe Aviation 1640 JUNE PE@99.75 - Buy - 120, sl - 90  

Techno 

HDFC Ltd - Buy - 2300, sl – 2220  

Funda 

POLYPLEX CORPORATION - Buy - 2180, sl - 2100  

IPL STOCK 

Hero Motocorp - Buy - 3100 

Duration - 1 year  

STOCK IN NEWS 

NTPC - Buy - 158, sl - 149 

Mychoice 

Bajaj Auto - Buy - 3900, sl - 3750 

Bank Nifty 2 June 34500 CE@473 - Buy - 573, sl - 430 

Bank of Baroda - Buy - 97, sl - 92.5 

Best Pick 

ICICI Bank - Buy - 738, sl - 708 

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Ashish Chaturvedi Stock Picks 

CASH STOCK 

BUY MOIL TARGET 165 SL 155 

FUTURES 

BUY HDFC BANK TARGET 1365 SL 1320 

OPTIONS 

BUY KOTAK BANK JUNE 1920 CE TARGET 87 SL 49 

TECHNO 

BUY V-GUARD TARGET 235 SL 220 

FUNDA 

SELL WHIRLPOOL FUT TARGET 1430 SL 1500 

IPL STOCK 

BUY HDFC LIFE TARGET 685 DURATION 12 MONTHS 

STOCK IN NEWS 

BUY GMM PFAUDLER TARGET 4700 SL 4485 

MY CHOICE 

SELL IPCA LABS FUT TARGET 907 SL 942 

SELL BIOCON FUT TARGET 315 SL 327 

BUY HEG TARGET 1080 SL 1000 

MY BEST 

BUY V-GUARD TARGET 235 SL 220 

Earlier, Indian market was pulled down largely by massive profit booking in massive IT, midcap and small cap stocks. Nifty IT had declined 3.38% and Nifty midcap and small cap ended lower by 2.4% and 3.4% respectively on Wednesday.