Even as the Indian market ended with huge losses on Friday, the cues from Asian markets seem to be negative
Even as the Indian market ended with huge losses on Friday, the cues from Asian markets seem to be negative. All major Asian indices were trading deep in the red in early trade on Monday. SGX Nifty Futures, which hints at opening trade for the Indian market, was trading lower by whooping 320 points or nearly two per cent on the Singaporean Exchange in early Monday trade.
Besides, Japanese Nikkei 225, Hang Seng Index at the Hong Kong Exchange and Chinese Shanghai Composite dropped 2.8%, 2.9% and 1.4% respectively.
Earlier on Friday, the US market closed in the red in view of record inflation. Dow Jones ended lower by 2.7%, Nasdaq fell 3.5% and S&P500 2.9%.
Meanwhile, Zee Business brings you a list of stocks for profitable trade on June 13. These stocks have been picked from cash, F&O and techno space to help investors make money in the short-term to long-term and also include intraday calls. Below is the list of stocks:
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Ashish Chaturvedi Stock Picks
CASH STOCK
BUY AEGIS LOGISTICS TARGET 235 SL 225
FUTURES
SELL HINDALCO FUT TARGET 377 SL 395
OPTIONS
BUY PEL 1700 PE TARGET 93 SL 57
TECHNO
SELL WIPRO FUT 447 SL 466
FUNDA
SELL INDIAMART FUT 4012 SL 4300
INVEST STOCK
BUY INGERSOL RAND TARGET 1750 DURATION 12 MONTHS
STOCK IN NEWS
SELL DEEPAK NITRITE FUT 1800 SL 1875
MY CHOICE
SELL CANFIN HOMES FUT TARGET 440 SL 460
SELL BSOFT FUT TARGET 348 SL 360
SELL MANAPPURAM FUT TARGET 87 SL 93.5
MY BEST
SELL MANAPPURAM TARGET 87 SL 93.5
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Varun Dubey Stock Picks
Cash
Buy E-Mudhra Target Rs 263 SL RS 248
Futures
Sell strides Pharma FUT Target Rs 305 SL RS 318
Options
Buy Infosys 1480 PE Target Rs 50 SL RS 34
Tech
Sell NALCO FUT Target Rs 88 SL RS 92
Funda
Sell Gujarat Gas FUT Target Rs 460 SL RS 478
Invest
Buy L&T Target Rs 1900 Duration 6 Months
News
Sell RBL Bank FUT Target Rs 110 SL RS 116
My Choice
Sell Reliance Ind FUT Target Rs 2640 SL RS 2750
Sell HDFC Bank FUT Target Rs 1310 SL RS 1365
Sell Godrej Properties FUT Target Rs 1280 SL RS 1330
Best Pick
Sell RBL Bank Target Rs 110 SL RS 116
