Stocks to buy today, October 18: US Stocks too ended around 2 per cent higher on Monday.
Stocks to buy today, October 18: Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to have a positive start on Tuesday as SGX Nifty – which is traded on the Singapore stock exchange – traded over 147 points, or 0.85 per cent, higher in the early trade. Asia-Pacific markets too showed positive sentiments as all of them traded in the green in early trade. Japan’s Nikkei 225 rose 1.46 per cent and South Korea’s Kospi gained 1.13 per cent. MSCI’s broadest index of Asia Pacific shares outside Japan jumped 0.46 per cent.
US Stocks too ended around 2 per cent higher on Monday. The Dow Jones Industrial Average rose 827.87 points, or 2.83 per cent, to 30,038.72, the S&P 500 gained 92.88 points, or 2.60 per cent, to 3,669.91 and the Nasdaq Composite added 232.05 points, or 2.23 per cent, to 10,649.15.
Earlier, the BSE Sensex jumped 491.01 points or 0.85 per cent to settle at 58,410.98 and NSE Nifty climbed 126.10 points or 0.73 per cent to close above the 17,300 level at 17,311.80.
Stocks recommended by Zee Business research analyst Kushal Gupta
CASH KA SHARE
ASTER DM HEALTH – BUY – 250, SL – 238
FUTURES
ICICI BANK – BUY – 910, SL – 877
OPTIONS
TCS 3100 CE@57 – BUY – 70, SL – 50
TECHNO
AXIS BANK – BUY – 840, SL – 807
FUNDA
SBI LIFE – BUY – 1400 DURATION 6 MONTHS
INVESTMENT
NTPC – BUY – 210, DURATION 12 MONTHS
NEWS KE DUM PAR
CONCOR – BUY- 733, SL- 700
MYCHOICE
INFOSYS – BUY – 1520, SL – 1460
CITY UNION BANK- BUY – 197, SL – 187
COFORGE – BUY – 3800, SL – 3650
BEST PICK
ICICI BANK FUT – BUY – 910, SL – 877
Read More: Indian Railways Likely to Restore Concessions For Senior Citizens, Check Details
Stocks recommended by Zee Business research analyst Varun Dubey
CASH KA SHARE
BUY MAHA SEAMLESS TARGET 910 SL 855
FUTURES
BUY PIRAMAL ENT FUT TARGET 830 SL 798
OPTIONS
BUY TATA MOTORS 400 CE TARGET 12 SL 8
TECHNO
BUY FDC TARGET 312 SL 294
FUNDA
BUY HINDALCO TARGET 400 SL 380
INVESTMENT
BUY CDSL TARGET 1600, DURATION 6 MONTHS
NEWS KE DUM PAR
BUY GUJARAT GAS TARGET 490 SL 460
MY CHOICE
BUY WIPRO TARGET 390 SL 367
BUY CERA SANITARYWARE TARGET 5650 SL 5480
BUY GUJARAT FLUORO TARGET 4050 SL 3920
BEST PICK
BUY PIRAMAL ENT FUT TARGET 830 SL 798
