The market continues to crumble due to multiple domestic and global headwinds, especially rate tightening by central banks across the world in view of soaring inflation.
The market continues to crumble due to multiple domestic and global headwinds, especially rate tightening by central banks across the world in view of soaring inflation. The Indian market has ended on a negative note for the fifth straight session on Thursday as it also witnessed benchmark Nifty50 slipping below crucial 15,400 for the first time in the past one year.
On Friday, around 8am, SGX Nifty Futures were trading with marginal gains of 30 points on the Singaporean exchange in the morning trade.
The cues from major Asian indices were mixed on Friday as Japanese Nikkei 225 slumped 2.3%, Hang Seng Index at the Hong Kong Exchange traded higher by nearly one per cent and Chinese Shanghai Composite was up around 0.4% on Friday.
Meanwhile, Zee Business research team brings you a list of 20 stocks that can be bought for profitable trade. The list is prepared by the team on a daily basis and 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. Hindustan Oil Exploration, Tata Steel, Welspun and Wipro are among top 20 stocks to watch today.
Read More: US Fed Hike: Know How Stocks, Rupee And Bonds in India Are Reacting
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY GICRE TARGET 120 SL 113
FUTURES
SELL SUN PHARMA 790 SL 824
OPTIONS
BUY GLENMARK 360 PE TARGET 15.80 SL 9
TECHNO
SELL NBCC TARGET 26 SL 28.90
FUNDA
BUY ABBOTT INDIA TARGET 24000 DURATION 12 MONTHS
INVEST STOCK
BUY RADICO KHAITAN TARGET 1000 DURATION 1 YEAR
STOCK IN NEWS
BUY DELTA CORP TARGET 840 SL 810
MY CHOICE
SELL AMARA RAJA TARGET 450 SL 473
SELL IOC TARGET 105 SL 110
SELL EXIDE IND TARGET 132 SL 142
MY BEST
SELL NBCC TARGET 26 SL 28.90
Read More: The great crypto crash: Five reasons why crypto is plunging to its 18-month low
Kushal Gupta Stock Picks
Cash
RITES – Buy – 240, sl – 230
FTR
ICICI Bank – Sell – 660,sl – 685
OPTN
JSW Steel – 550 PE@ 21.5 – Buy – 30, sl – 15
Techno
Interglobe Aviation – Sell – 1600, sl – 1665
Funda
Oberoi Realty – Sell – 735, sl – 765
Invest
Bharti Airtel – Buy – 720
Duration – 1 year
News
Onmobile Global – Buy – 118, sl – 113
Mychoice
sending
Best Pick
Bharti Airtel – Buy – 720
Duration – 1 year
