The Indian market ended flat with negative bias amid volatility in a holiday-shortened week on Friday.
The Indian market ended flat with negative bias amid volatility in a holiday-shortened week on Friday. Benchmarks have closed in the red three out of four trading sessions in the red last week. Fed meeting, Russia, Ukraine tensions and Budget 2022 were the key factors that kept market jittery the whole past week.
The Nifty managed to close just above 17,100, while the Sensex ended lower by 77 points. Headline indices Nifty 50 and the S&P BSE Sensex declined 2.9% and 3.1% respectively in the four trading sessions last week.
On Monday morning, the Asian markets were trading mixed as Japanese Nikkei 225 was up 0.85%, Hang Seng Index at the Hong Kong Exchange was trading higher by 0.76%, while Shanghai Composite traded lower by 0.97% on Monday.
The US markets ended with strong gains on Friday. Dow Jones closed 1.65% higher, Nasdaq Composite surged 3.13%, S&P500 gained 2.43% and Russell 2000 added 1.93% in the closing on Friday.
Meanwhile, ahead of the market open Zee Business brings you a list of 20 stocks for profitable trade on Monday. The stocks have been identified from cash, F&O and techno segments to help you make gain in intraday trade to long-term investment. Below is list of shares.
Read more:Stocks in the news: Lupin, BHEL, Canara Bank, RBL Bank, L&T and PNB
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY SIYARAM SILK MILLS TARGET 477 SL 430
FUTURES
BUY IDFC BANK TARGET 49 SL 46.20
OPTIONS
BUY BEL TARGET 210 CE TARGET 14 SL 7.20
TECHNO
BUY NAVA BHARAT VENTURES TARGET 165 SL 115
FUNDA
BUY NTPC TARGET 160 DURATION 6 MONTHS
INVESTMENT PICK
BUY INDIAN HOTELS TARGET 270 DURATION 9-12 MONTHS
STOCK IN NEWS
BUY OLECTRA GREEN TARGFET 832 SL 777
MY CHOICE
BUY NACL IND TARGET 99 SL 93
BUY EIH ASSOCIATE TARGET 380 SL 350
BUY CIGNITI TECH TARGET 525 SL 500
MY BEST
BUY NAVA BHARAT VENTURES TARGET 165 SL 115
Read more:LIC IPO in early March, Neelachal Ispat Nigam sale soon: DIPAM Secretary
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Varun Dubey Stock Picks
Cash
Buy PNB Gilts Target Rs 75 SL RS 61
Futures
Buy AU Small Finance Target Rs 1320 SL RS 1240
Options
Buy Infosys 1700 CE Target Rs 65 SL RS 46
Tech
Buy KDDL Target Rs 1070 SL RS 1000
Funda
Buy Indusind Bank Target Rs 930 SL RS 890
Invest
Buy CRISIL Target Rs 3300 Duration 4 Months
In News
Buy Happiest Minds Target Rs 1190 SL RS 1125
My Choice
Buy EIH Ltd Target Rs 142 SL RS 133
Buy Chemplast Sanmar Target Rs 525 SL Rs 495
Buy Heranba Target Rs 745 SL RS 705
Best Pick
Buy KDDL Target Rs 1070 SL RS 1000
