Stocks to buy today: List of 20 stocks for profitable trade on March 22

The Indian market ended nearly 1% lower on Monday amid rising crude oil prices in view of some European Union members mulling to impose sanctions on Russian oil.

Benchmark Nifty50 settled near 17,100, while barometer Sensex declined nearly 600 points as the indices settled 0.98% and 0.99% cuts on Monday. Source: Pixabay

The Indian market ended nearly 1% lower on Monday amid rising crude oil prices in view of some European Union members mulling to impose sanctions on Russian oil. Benchmark Nifty50 settled near 17,100, while barometer Sensex declined nearly 600 points as the indices settled 0.98% and 0.99% cuts on Monday. Nifty midcap ended 0.28% lower, while the smallcap index gained 0.23% on Monday's closing as banking, FMCG and auto stocks turned out top laggards. Metal stocks saw buying interest in the falling market.

Meanwhile, Asian markets were trading in the green on Tuesday. Japanese Nikkei 225 was up more than 1.5%, Hang Seng Index at the Hong Kong exchange gained 0.70% and Chinese Shanghai Composite was trading flat.

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SGX Nifty was too trading flat with positive bias as the future index rose marginally by 17 points to 17,168.50 on the Singaporean exchange around 8 am on Tuesday.

In the US market, the Dow Jones Industrial Average fell 201.94 points, or 0.58%, to 34,552.99, the S&P 500 lost 1.94 points, or 0.04%, to 4,461.18 and the Nasdaq Composite dropped 55.38 points, or 0.4%, to 13,838.46.

"U.S. stocks declined broadly while oil prices and Treasury yields pushed higher on Monday as investors refocused on risks from conflict in Ukraine and the U.S. Federal Reserve`s actions on inflation," said Reuters.

Meanwhile, ahead of the market opening, Zee Business research team brings you a list of 20 stocks for profitable trade. These stocks have been picked to help investors mint money on a short-term, positional basis and long-term investment. Below is the list of stocks:

Ashish Chaturvedi Stock Picks

CASH STOCK

BUY GHCL TARGET 552 SL 530

FUTURES

BUY LAURUS LABS TARGET 606 SL 588

OPTIONS

BUY ONGC 175 CE TARGET 6 SL 2.25

TECHNO

BUY NAHAR POLY TARGET 650 DURATION 3 MONTHS

FUNDA

BUY NIIT LTD TAGET 670 DURATION 12 MONTHS

INVESTMENT PICK

BUY LINDE INDIA TARGET 4200 DURATION 12 MONTHS

STOCK IN NEWS

BUY GR INFRA TARGET 1450 SL 1400

MY CHOICE

BUY TN NEWS TARGET 170 SL 155

BUY JAGSONPAL PHARMA TARGET 300 SL 285

BUY CENTURY PLY TARGET 740 SL 680

MY BEST

BUY NIIT LTD TAGET 670 DURATION 12 MONTHS

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Kushal Gupta Stock Picks

Cash

Seshasayee Paper & Boards - Buy - 190, sl - 180

FTR

IOC - Buy - 121, sl - 114

OPTN

Apollo Tyres 187.5 PE@ 5.30 - Buy - 9, sl - 4

Techno

Balkrishna Ind - Sell - 2000, sl - 2090

Funda

JSPL - Sell - 475, sl - 496

Invest

Tata Power - Buy - 270, Duration - 6 months

News

Gujarat Gas - Buy - 515, sl - 496

Mychoice

Wonderla Holidays - Buy - 240, sl - 229

PVR - Buy - 1800, sl - 1725

HUL - Buy - 2110, sl - 2020

Best pick

Balkrishna Ind - Sell - 2000, sl - 2090

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