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As the Indian market extended weakness on Thursday, the cues from the Asian market remained broadly positive on Friday.
SGX Nifty, which indicates opening trend of the Indian market, was trading higher by more than 50 points to 15,985 on the Singaporean exchange around 8 am on Friday.
Among other Asian markets, Japanese Nikkei 225 rose by 0.40%, while Chinese Shanghai Composite gained 0.10%. However, Hang Seng Index at the Hong Kong Exchange dropped around 0.7%.
Earlier, the US market made a recovery from a lower level to end on a mixed note on Thursday. The Dow Jones closed lower by 0.46%, Nadaq ended with marginal gain of 0.03% and S&P 500 dropped 0.30% on Thursday.
Meanwhile, irrespective of market conditions, Zee Business brings you a list of 20 stocks for profitable trade 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 Thursday.
Varun Dubey Stock Picks
Cash
Buy Neogen Chemical Target Rs 1350 SL RS 1275
Futures
Sell Hind Copper Target Rs 86 SL RS 91
Options
Buy ACC 2160 PE Target Rs 60 SL RS 40
Tech
Sell Muthoot Finance Target Rs 965 SL RS 1020
Funda
Buy BEML Target Rs 1340 SL RS 1260
Invest
Buy Prataap Snacks Target Rs 1000 Duration 4 Months
News
Buy Syngene Target Rs 610 SL RS 576
My choice
Buy Tata Elxsi Target Rs 8000 SL RS 7750
Buy ICICI Bank Target Rs 976 SL RS 745
Sell Wipro Target Rs 390 SL RS 408
Best Pick
Muthoot finance
Kushal Gupta Stock Picks
Cash
Suprajit Eng – Buy – 347, sl – 333
FTR
Hindalco – Sell – 338, sl – 353
OPTN
Nalco – Sell – 68, sl – 73
Techno
United Spirits – Buy – 848, sl – 815
Funda
LTI – Buy – 4500
Duration – 6 months
Invest
Maruti Suzuki – Buy – 9700
Duration – 6 months
News
Mychoice
JSW Steel – Sell – 565, sl – 591
Tata Steel – Sell – 885, sl – 925
Best Pick
Maruti Suzuki – Buy – 9700
Duration – 6 months
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