Stocks to buy today: Shakti Pumps, SBI LIfe, JK Paper, and SAIL among list of 20 stocks for profitable trade on Sept 1

The Indian market ended more than two and half per cent on Tuesday, aided by FIIs and huge buying interest in sectors.

These stocks have been picked keeping in view investors' short-to-long term requirements. Source: PTI

The Indian market ended more than two and half per cent on Tuesday, aided by FIIs and huge buying interest in sectors. Nifty50 surged past 17,700, while the Sensex rose by over 1500 points. Banking, financial and auto stocks drove the rally on Tuesday.

"Tuesday's rebound indicates the domestic economy's resilience in comparison to its global peers. Although the markets are currently at premium valuations, continued support from foreign investors aided domestic stocks to inch higher," said Vinod Nair, Head of Research at Geojit Financial Services.

Sectors in swing with the progress of the domestic economy should be able to do well compared to the rest, he added.

Meanwhile, the early trends on Thursday remained negative with SGX Nifty dropping over 40 points and Asian market trading lower. Japanese Nikkei 225 was trading lower by 1.65%, Hang Seng Index at the Hong Kong Exchange declined 1.1% and Chinese Shanghai Composite marginally gained 0.15% in on Thursday morning.

Earlier, Extending the losses to the fourth consecutive session, the US markets closed in the red on Wednesday. Dow Jones declined by 280 points, Nasdaq Index dropped 66.93 points and S&P500 ended lower by 31 points on Wednesday.

Meanwhile, Zee Business brings you a list of 20 stocks from cash, techno, and F&O space. These stocks have been picked keeping in view investors' short-to-long term requirements. The list also comprises intraday calls for good returns on a given day. Below is the list of stocks.

Kushal Gupta Stock Picks

Cash

Shakti Pumps - Buy - 515, sl - 492

FUTURES

Berger Paints - Buy - 692, sl - 667

OPTIONS

Biocon 310 PE@ 9.25 - Buy - 15, sl - 6.5

TECHNO

Interglobe Aviation Buy 2070, SL 1985

FUNDA

SBI Life - Buy - 1500, Duration - 1 year

IVNESTMENT