[ad_1]
After the market rally was cut short on Wednesday after two days positive closings, the cues from Asian markets remained mixed on Thursday.
SGX Nifty, which indicates opening trends for the Indian market, was trading flat with positive bias as the Futures index gained around 20 points in the morning trade on the Singaporean exchange on Thursday.
Besides, Japanese Nikkie was trading flat as well, while Hang Seng Index at the Hong Kong Exchange gained 0.6% and Chinese Shanghai Composite traded higher by 0.3% in the early trade on Thursday.
Earlier, in the US market, all major indices closed in the red. Dow Jones declined 0.12%, Nasdaq closed with 0.15% cuts and S&P 500 dropped 0.13% on Wednesday.
After a breather, bears took tight control over markets as it ended with sharp losses on Wednesday, said Ajit Mishra, VP – Research, Religare Broking Ltd .
“On Thursday, June 23, the markets will first react to the Fed chairman speech scheduled tonight. Besides, progress on monsoon, crude price and currency movement will be key monitorable,” the expert added.
Meanwhile, Zee Business brings you a list of 20 stocks that can be bought for profitable trade. The list is prepared by Zee Business research team on a daily basis and comprises intraday stocks, F&O calls and stocks to buy on a short to long-term basis. These stocks are picked from cash, F&O and techno space to help investors make money on their capital. Below is the full list
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY PRAJ IND TARGET 375 SL 350
FUTURES
SELL DEEPAK NITRITE FUT 1750/1733 SL 1800
OPTIONS
BUY RELIANCE 2500 PE TARGET 64 SL 42
TECHNO
BUY VIP IND TARGET 660 SL 595
FUNDA
BUY LUMAX IND TARGET 1450 DURATION 12 MONTHS
INVEST STOCK
BUY ALLCARGO TARGET 385 DURATION 12 MONTHS
STOCK IN NEWS
SELL GLENMARK FUT TARGET 350 SL 371
MY CHOICE
SELL SRF FUT TARGET 2130 SL 2180
BUY BSOFT 351 SL 340
SELL CITY UNION BANK FUT TARGET 118 SL 123
MY BEST
BUY RELIANCE 2500 PE TARGET 64 SL 42
Kushal Gupta Stock PIcks
Cash
Indigo Paints – Buy – 1460, sl – 1400
FTR
JSW Steel FUT – Sell – 535, sl – 560
OPTN
Grasim 1320 CE@26 – Buy – 40, SL – 20
Techno
Dr Lal Path Labs FUT – Sell – 1900, SL – 1980
Funda
Samvardhana Motherson Buy 150, Duration 12 Months
Invest
Sona Comstar – Buy – 650, Duration – 1 year
News
BLS International – Buy – 198, sl – 188
Mychoice
Acrysil – Buy – 510, sl – 484
Hero Motocorp Buy 2600, Sl 2500
ONGC Sell FUT130, Sl 137
Best Pick
Sona Comstar – Buy – 650, Duration – 1 year
[ad_2]
Source link
