Stocks to buy today, October 12: ITC, IRCTC, ONGC, Nerolac among 20 shares in focus

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The S&P 500 shed 0.65 per cent, and the Nasdaq Composite dropped 1.10 per cent. The Dow Jones Industrial Average bucked trend to close 0.12 per cent higher.

Stocks to buy today, October 12: Stock market is looking for a positive start on  Wednesday as SGX Nifty – which is traded on the Singapore stock exchange – traded in the green in early trade. SGX Nifty was up by 30 points or 0.18 per cent and was trading at 16,970 at 8:20 am today. However, most Asian markets showed a negative response with Japan’s Nikkei 225 trading in red. Nikkei 25 was down 0.2 per cent, while South Korea’s Kospi shed 0.23 per cent. 

Read More: Yes Bank offers up to 7.5 % interest rates on NRE deposits; details here

The S&P 500 shed 0.65 per cent, and the Nasdaq Composite dropped 1.10 per cent. The Dow Jones Industrial Average bucked trend to close 0.12 per cent higher.

Stocks recommended by Kushal Gupta

CASH
KANSAI NEROLAC – BUY – Rs 480, Stop Loss – Rs 463

FUTURES
BATA INDIA – BUY- Rs 1865, Stop Loss – Rs 1790

OPTIONS
ONGC 130 Put Call @3.25 – BUY – 7, Stop Loss – 2.5

TECHNICAL
FEDERAL BANK – BUY- Rs 127, Stop Loss – Rs 120

FUNDAMENTAL
ITC – BUY – Rs 375, duration 6 months 

INVESTMENT
M&M – BUY – Rs 1500, Duration 12 months 

NEWS KE DUM PAR
BALKRISHNA IND – BUY – Rs 1960, Stop Loss – Rs 1880

MY CHOICE
INFO EDGE FUT – SELL – Rs 3650, Stop Loss – Rs 3815
INDUSIND BANK- BUY – Rs 1200, Stop Loss – Rs 1155
DEVYANI INTERNATIONAL BUY – Rs 200, Stop Loss – Rs 190

BEST PICK
ITC – BUY – Rs 375, Duration 6 months

Read More: IMF cuts India’s economic growth forecast to 6.8 pc in 2022, says ‘global economy continues to face steep challenges’

Stocks recommended by Ashish Chaturvedi 

CASH KA STOCK
BUY JUBILANT INGREVA TARGET – Rs 588, Stop Loss – Rs 550

FUTURES
BUY AXIS BANK TARGET – Rs 800,  Stop Loss –  Rs 780

OPTIONS
BUY INDIAMART 4300 PE TARGET 218 SL 150

TECHNICAL
BUY TIMKEN INDIA TARGET – Rs 3500,  Stop Loss – Rs 3200

FUNDAMENTAL
BUY DELTA CORP TARGET – Rs 240 Duration 1 months

INVEST STOCK
BUY NHPC TARGET – Rs 50 Duration 6-9 months 

STOCK IN NEWS
BUY IRCTC TARGET – Rs 750, Stop Loss- Rs 710

MY CHOICE
BUY ASTRAZENECA PHARMA TARGET – Rs 3250,  Stop Loss – Rs 3086
BUY ARVIND FASHIONS TARGET – Rs 350, Stop Loss – Rs 320
BUY BLS INTL TARGET – Rs 290,  Stop Loss – Rs 276

MY BEST
BUY TIMKEN INDIA TARGET 3500 SL 3200