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After erasing all gains to end with marginal cuts on Tuesday, the cues from the Asian market largely remained negative.
Japanese Nikkei 225 was seen trading lower by 1.25%, while Hang Seng Index and Chinese Shanghai Composite at the Hong Kong Exchange traded lower by half per cent each.
However, SGX Nifty was trading higher by marginal gains of 40 points to trade at 15,806 in the morning trade on the Singaporean Exchange on Wednesday.
On Tuesday, the US market Dow Jones gained 0.42%, Nasdaq rose 1.75% and S&P 500 ended with 0.16% gain amid high volatility on Tuesday.
Meanwhile, Zee Business research team brings you a list of 20 stocks that can be bought for profitable trade. The list comprises intraday stocks, F&O calls and stocks to buy on a short to long-term basis. Based on news development and share movements, these stocks are picked from cash, F&O and techno space to help investors make money on their capital. Below is the full list of stocks identified by Zee Business research analysts on Wednesday.
Ashish Chaturvedi Stock Picks
CASH KA STOCK
BUY FINOLEX CABLES TARGET 415 SL 384
FUTURES
BUY M&M FIN TARGET 185 SL 175
OPTIONS
BUY SRF 2000 PE TARGET 89 SL 50
TECHNO
SELL IRCTC TARGET 540 SL 580
FUNDA
BUY KENNAMETAL INDIA TARGET 2280 DURATION 6 MONTHS
INVEST STOCK
BUY SIEMENS TARGET 3100 DURATION 12 MONTHS
STOCK IN NEWS
NO-STOCK
MY CHOICE
BUY SKF INDIA TARGER 4035 SL 3700
SELL PNB TARGET 28.90 SL 30
BUY HGS TARGET 1200 SL 1000
MY BEST
SELL IRCTC TARGET 540 SL 580
Varun Dubey Stock Picks
Cash
Buy Satia Ind Target Rs 129 SL RS 120
Futures
Sell Marico Target Rs 480 SL RS 499
Options
Buy ONGC 125 PE Target Rs 7 SL RS 4.5
Tech
Buy Gujarat Ambuja Export Target Rs 296 SL RS 280
Funda
Buy Kotak Bank Target Rs 1740 SL RS 1630
Invest
Buy Orient Electric Target Rs 325 Duration 6 Months
News
Buy CONCOR Target Rs 650 SL RS 610
My Choice
Buy Control Print Target Rs 450 SL RS 423
Buy Varun Beverages Target Rs 820 SL RS 775
Sell Hindalco Target Rs 335 SL RS 348
Best Pick
ONGC
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