Stocks to buy today: Sun Pharma, CRISIL, Wipro, Axis Bank among top 20 stocks for profitable trade on April 22, says Zee Business analysis
If you are planning to make investments in equities are looking for stocks that could maximise gains, Zee Business Research Analysts Varun Dubey and Ashish Chaturvedi have prepared a list of 20 stocks to trade in today.
If you are planning to make investments in equities are looking for stocks that could maximise gains, Zee Business' Research Analysts Varun Dubey and Ashish Chaturvedi have prepared a list of 20 stocks to trade in today.
Stock Markets Today Opening Bell: India stock markets today opened in the red on Friday snapping the three-day gaining streak. While the BSE Sensex was trading at 57,340.21, down by 571 points or nearly 1 per cent within minutes of opening, the 50-share Nifty50 index was trading at 17,219.30 points down nearly 1 per cent or 150 points.
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In the 30-share BSE Sensex, only three stock advanced around 9:30 am while the remainig 27 stocks were trading negatively. The top gainers on Sensex were HCL Technologies, Tata Steel and Bhart Airtel while the top five losers were NTPC, ITC, Power Grid, Sun Pharmaceuticals and Bajaj Finance.
On Nifty50 index, 44 stocks declined while only six were trading positively around this time. The top gainers were ONGC, HCL Technologies while the top five losers were Hindalco, HDFC, Wipro, Nestle, HDFC Bank.
Here are the stock recommendations according to the expert:-
Ashish Chaturvedi Stock Picks
CASH KA STOCK
BUY SJVN TARGET 31 SL 28.85
FUTURES
SELL GRANULES FUT TARGET 282 SL 296
OPTIONS
BUY PIRAMAL ENT 2200 PE TARGET 48 SL 26
TECHNO
BUY SUN PHARMA TARGET 1050 SL 900
FUNDA
BUY CRISIL TARGET 3600 DURATION 1 MONTH
IPL Stock
BUY ABBOTT INDIA TARGET 24000 DURATION 12 MONTHS
STOCK IN NEWS
BUY BARBEQUE NATIONS 1200 SL 1165
MY CHOICE
BUY ROSSEL INDIA TARGET 260 SL 200
BUY GE SHIPPING TARGET 405 SL 390
BUY NLC INDIA TARGET 85 SL 79.50
MY BEST
BUY CRISIL TARGET 3600 DURATION 1 MONTH
Varun Dubey Stock Picks
Cash
Buy Railtel Target Rs 121 SL RS 115
Futures
Sell Tata Comm FUT Target Rs 1245 SL 1300
Options
Buy Wipro 540 PE Target Rs 13 SL RS 8
Tech
Buy Axis Bank Target Rs 825 SL RS 790
Funda
Buy CCL Products Target Rs 405 SL RS 380
IPL
Buy Polycab India target 3100, Duration 4 Months
News
Buy Cyient Target Rs 865 SL RS 820
my choice
Buy L&T Tech Target Rs 4400 SL RS 4190
Sell ICICI Lombard FUT Target Rs 1365 SL RS 1420
Sell Apollo Tires FUT Target Rs 199 SL 207
Best Pick
Buy Cyient Target Rs 865 SL RS 820
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