The Indian markets traded lackluster on Monday and ended almost on a flat note, taking a breather after the recent surge.
Initially, the benchmark opened lower, tracking mixed global sentiment and a sharp cut in the IT majors post TCS numbers however outperformance of the banking pack capped the downside. And, buying in auto, metal and oil & gas space further trimmed the losses as the day progressed.
Eventually, the Nifty settled almost unchanged at 16,216 levels. Meanwhile, buoyancy on the broader front kept the traders busy.
MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.8% to its lowest level in two years, while Japan`s Nikkei lost 1.75%.
Meanwhile, irrespective of how the market reacts, Zee Business brings you a list of 20 stocks for profitable trade religiously on a daily basis. These stocks are picked from cash, techno and F&O space with short-to-long-term time horizon. It also includes intraday calls.
The list is made in such a way that it helps investors make profit on their capital in a stipulated period of time. Below is the list of such stocks on Tuesday.
Shares recommended by Varu Dubey
Cash: Buy Suryoday Small Finance Target Rs 88 SL RS 83
Futures: Sell Tata Motors FUT Target Rs 425 SL RS 445
Options: Infosys 1460 PE Target Rs 43 SL 30
Tech: Buy Deepak Nitrite Target Rs 1900 SL RS 1800
Funda: Buy Jubilant Food Target Rs 605 SL RS 570
Investing: Buy Thermax Target Rs 2500 Duration 6 Months
News: Buy Ahluwalia Contracts Target Rs 430 SL RS 406
Buy HPCL Target Rs 252 SL RS 238
Sell Vedanta FUT Target Rs 223 SL RS 234
Sell Manappuram Finance FUT Target Rs 89 SL 93
Best Pick: Buy Ahluwalia Contracts Target Rs 430 SL RS 406
Shares recommended by Kushal Gupta
Cash: Tejas Networks – Buy – 472, sl – 453
FTR: M&M Finance FUT – Sell – 190, sl – 200
OPTN: RBL Bank 87.50 [email protected] 4.50 – Buy – 9, sl – 2
Techno: HUL FUT Sell 2420, Sl 2520
Funda: Hindalco FUT – Sell – 348, sl – 363
Invest: Bharti Airtel – Buy – 800, Duration – 12 Months
News: D-Link – Buy – 132, sl – 124
HDFC Bank FUT – Sell – 1360, sl – 1420
Axis Bank FUT – Sell – 660, sl – 690
Star Health Buy 565, Sl 542
Best Pick: Hindalco FUT – Sell – 348, sl – 363