Stocks to buy today, September 30: Tata Motors, Maruti Suzuki, Infosys, Wipro among top 20 picks for profitable trade

Stocks to buy today, September 30: Stock market is expected to open in red as investors remained cautious over the outcome of the Reserve Bank of India's (RBI) Monetary Policy Committee meeting. At 8:25 am, SGX Nifty - which is traded on the Singapore stock exchange - was down by 66 points amid a mixed global market trend. Earlier on Thursday, benchmark indices failed to hold on to early gains and ended lower for the seventh straight session. The BSE Sensex declined over 188 points or 0.33 per cent to settle at 56,409.96. Similarly, the broader NSE Nifty dipped 40.50 points or 0.24 per cent to end at 16,818.10.

On Wall Street, stocks fell broadly on Thursday as worries about a possible recession and rising bond yields put the squeeze back on markets. The S&P 500 fell 2.1%, reaching its lowest level since late 2020. The Dow Jones Industrial Average fell 1.5% and the Nasdaq composite lost 2.8%. The Russell 2000 index of smaller companies dropped 2.4%.

Stocks to buy today, September 20: 

Stocks recommended by Kushal Gupta

CASH KE SHARE
RVNL - BUY - 34, SL - 32.5

FUTURES
TATA MOTORS - SELL - 390, SL - 411

OPTIONS
RAIN IND 160 CE@7.5 - BUY - 12, SL - 4

TECHNO
VEDANTA - BUY - 268, SL - 258

FUNDA
SBI LIFE - BUY - 1426, DURATION - 7 MONTHS

INVESTMENT
MARUTI SUZUKI - BUY - 10400, DURATION - 12 MONTHS

NEWS KE DUM PAR
JUBILANT FOOD - BUY - 625, SL - 598

MY CHOICE
INFOSYS FUT - SELL - 1352, SL - 1410
MINDTREE FUT - SELL - 3010, SL- 3150
CE INFO SYSTEMS - BUY - 1560, DURATION - 12 MONTHS

BEST PICK
INFOSYS FUT - SELL - 1352, SL - 1410

Stocks recommended by Varun Dubey 

CASH KA SHARE
BUY RESTAURANT BRANDS ASIA TARGET 132 SL 124

FUTURES
BUY HINDALCO TARGET 385 SL 367

OPTIONS
BUY WIPRO 390 PE TARGET 20 SL 10

TECHNO
SELL SAMVARDHANA MOTHERSON FUT TARGET 102 SL 107

FUNDA
BUY HERO MOTO TARGET 2600 SL 2500

INVESTMENT
BUY AVENUE SUPERMARTS TARGET 5500 DURATION 6-8 MONTHS

News
BUY NALCO TARGET 70 SL 66.5

MY CHOICE
SELL ASTRAL LTD FUT TARGET 2100 SL 2200
SELL INTELLECT DESIGN FUT TARGET 500 SL 520
BUY SHREE CEMENT TARGET 21700 SL 2100

BEST PICK
BUY AVENUE SUPERMARTS TARGET 5500 DURATION 6-8 MONTHS