Ahead of the market opening, the cues from Asian and global markets were negative in the early trade on Wednesday.
Ahead of the market opening, the cues from Asian and global markets were negative in the early trade on Wednesday.
Hinting at a negative opening for the Indian market, SGX Nifty Futures declined nearly 100 points on the Singaporean exchange in the morning trade.
Other major Asian markets, such as Japanese Nikkei 225 and Hang Seng Index at the Hong Kong exchange declined more than one per cent each, while Chinese Shanghai Composite dropped 0.3% around 8 am on Wednesday.
Earlier, the US markets closed in the red as well. Dow Jones, Nasdaq and S&P500 declined between 1.5-3% on Tuesday.
Read More: Stocks to Watch Today: SBI, Route Mobile J&K Bank, Tata Steel, and Others
Meanwhile, Zee Business brings you a list of stocks for profitable trade on Wednesday. These stocks are picked from cash, F&O and techno space to help investors mint money in the short-to-long term. It also comprises intraday calls. Below is the list of stocks on June 29.
Varun Dubey Stock Picks
Cash
Buy Mahindra CIE Target Rs 250 SL RS 238
Futures
Sell Nippon India FUT Target Rs 260 SL RS 276
Options
Buy Wipro 430 PE Target Rs 7.5 SL RS 5
Techno
Sell Firstsource Solutions FUT Target Rs 100 SL RS 105
Funda
Buy Carborundum Target Rs 786 SL RS 740
Investment
Buy Ashok Leyland Target Rs 175 Duration 4 Months
Stock In News
Sell Havells FUT Target Rs 1075 SL RS 1125
My Choice
Sell Bata FUT Target Rs 1670 SL Rs 1745
Sell HDFC Bank FUT Target Rs 1305 SL RS 1370
Buy Alembic Pharma Target Rs 768 SL RS 725
Best Pick
Sell Nippon India FUT Target Rs 260 SL RS 276
Read More: Vedanta Approaches LIC To Raise Rs 4,809 Crore; Also Looking To Raise Rs 2,000 Crore Via Bonds
Kushal Gupta Stock Picks
Cash
Shakti Pumps – Buy – 530, sl – 508
Futures
Au Small Fin Bank July FUT – Sell – 590, SL – 615
Options
ICICI Bank July PE@ 20.4 – Buy – 30, SL – 15
Techno
Coromandel International July FUT – Sell – 905, sl – 940
Funda
Eicher Motors – Buy – 3500, Duration – 1 year
Investment
SKF India – Buy – 4200, Duration – 1 year
Stock In News
Apollo Hospitals July FUT – Sell – 3720, sl – 3875
My Choice
Bank of Baroda July FUT – Sell – 98, sl- 103
Kotak Bank Jul FUT sell 1625, Sl 1700
Bajaj Finance Jul FUT Sell 5400, SL 5610
Best Pick
Au Small Fin Bank July FUT – Sell – 590, SL – 615
