STOCK MARKET

Stocks to buy today: Shakti Pumps, SBI LIfe, JK Paper, and SAIL among list of 20 stocks for profitable trade on Sept 1

The Indian market ended more than two and half per cent on Tuesday, aided by FIIs and huge buying interest in sectors. 

The Indian market ended more than two and half per cent on Tuesday, aided by FIIs and huge buying interest in sectors. Nifty50 surged past 17,700, while the Sensex rose by over 1500 points. Banking, financial and auto stocks drove the rally on Tuesday.  

“Tuesday’s rebound indicates the domestic economy’s resilience in comparison to its global peers. Although the markets are currently at premium valuations, continued support from foreign investors aided domestic stocks to inch higher,” said Vinod Nair, Head of Research at Geojit Financial Services. 

Sectors in swing with the progress of the domestic economy should be able to do well compared to the rest, he added.  

Read More: Dreamfolks Services IPO Share Allotment Tomorrow: How to Check Status; Know GMP

Meanwhile, the early trends on Thursday remained negative with SGX Nifty dropping over 40 points and Asian market trading lower. Japanese Nikkei 225 was trading lower by 1.65%, Hang Seng Index at the Hong Kong Exchange declined 1.1% and Chinese Shanghai Composite marginally gained 0.15% in on Thursday morning.  

Earlier, Extending the losses to the fourth consecutive session, the US markets closed in the red on Wednesday. Dow Jones declined by 280 points, Nasdaq Index dropped 66.93 points and S&P500 ended lower by 31 points on Wednesday.  

Meanwhile, Zee Business brings you a list of 20 stocks from cash, techno, and F&O space. These stocks have been picked keeping in view investors’ short-to-long term requirements. The list also comprises intraday calls for good returns on a given day. Below is the list of stocks.  

Kushal Gupta Stock Picks 

Cash 

Shakti Pumps – Buy – 515, sl – 492    

FUTURES 

Berger Paints – Buy – 692, sl – 667   

OPTIONS 

Biocon 310 PE@ 9.25 – Buy – 15, sl – 6.5  

TECHNO 

Interglobe Aviation Buy 2070, SL 1985  

FUNDA 

SBI Life – Buy – 1500, Duration – 1 year  

IVNESTMENT 

Hero Motocorp – Buy – 3130, Duration – 6 months   

NEWS 

Zydus Lifesciences – Buy – 388, sl – 372   

MY CHOICE  

Infosys FUT – Sell – 1455, sl – 1515 

Star Paper – Buy – 212, sl – 203 

Ashok Leyland Buy 160, Sl 149  

MY BEST PICK 

SBI Life – Buy – 1500 

Duration – 1 year

Read More: Stock market holidays in August: BSE, NSE to remain shut today on Ganesh Chaturthi, currency trading closed

======================== 

Ashish Chaturvedi Stock Picks 

CASH KA STOCK 

BUY JK PAPER TARGET 428 SL 415         

FUTURES 

BUY SAIL TARGET 83.70 SL 80.60

OPTIONS 

BUY MARICO 525 CE TARGET 19.20 SL 13.80               

TECHNO 

BUY COAL INDIA TARGET 245 SL 226            

FUNDA 

BUY HUL TARGET 2815 DURATION 1 MONTH   

INVEST STOCK 

BUY SJVN TARGET 37 DURATION 6-9 MONTHS        

STOCK IN NEWS 

BUY HAVELLS TARGET 1421 SL 1380                

MY CHOICE 

BUY GENUS POWER TARGET  88 SL 83.50        

BUY CENTURY TEXT TARGET 900 SL 850          

BUY AIA ENG TARGET 2800 SL 2500        

MY BEST 

BUY SJVN TARGET 37 DURATION 6-9 MONTHS

Source :
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top