Stocks to buy today: List of 20 stocks for profitable trade on March 23

The Indian markets made a sharp recovery in the last hours to end more than 1% higher on Tuesday.

These stocks have been picked keeping in view the short-term, positional and long-term investment requirement of investors. Source: Pixabay

The Indian markets made a sharp recovery in the last hours to end more than 1% higher on Tuesday. The recovery was led by IT, Private Bank and Oil & Gas stocks. The Nifty50 closed above 17,300, while the Sensex too added nearly 700 points. In the broader market, Nifty midcap and smallcap indices too ended in the green with the gains of nearly 0.25%. After declining by around 500 points, the 12-share banking index Nifty Bank added more than 350 points to end above 36,300.

Meanwhile, following the US market, the Asian indices started on a high note on Wednesday. Japanese Nikkei 225 was up over 650 points, Hang Seng index at the Hong Kong exchange gained over 350 points and Chinese Shanghai Composite was up 12 points in the morning trade around 8 am.

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SGX Nifty at the Singaporean Exchange too was trading higher by nearly 70 points to 17,440 around the same time.

Earlier, treasury yields marched higher on Tuesday, bringing U.S. stocks with them, as investors digested the increased likelihood of swift interest rate hikes following hawkish comments from the U.S. Federal Reserve, said Reuters

The Nasdaq led Wall Street`s main indexes higher, rising nearly 2%, as investors bought the dip in technology stocks, including Apple Inc, Microsoft Corp, Amazon.com Inc, Meta Platforms Inc and Alphabet Inc. The Dow Jones Industrial Average rose 254.87 points, or 0.74%, to 34,807.86 and the S&P 500 gained 50.63 points, or 1.13%, to 4,511.81.

Meanwhile ahead of the market opening, Zee Business research team brings you a list of 20 stocks to buy from cash, F&O and techno segments. These stocks have been picked keeping in view the short-term, positional and long-term investment requirement of investors.

Ashish Chaturvedi Stock Picks

CASH STOCK

BUY BHARAT DYNAMICS TARGET 587 SL 570

FUTURES

BUY INFO EDGE TARGET 4900 SL 4700

OPTIONS

BUY RBL BANK 135 CE TARGET 6.65 SL 3.50

TECHNO

BUY ICICI SEC TARGET 692 SL 659

FUNDA

BUY CUMMINS INDIA TARGET 1400 DURATION 12 MONTHS

INVESTMENT PICK

BUY LUMAX AUTO TECH TARGET 250 DURATION 12-18 MONTHS

STOCK IN NEWS

BUY BRIGADE ENT TARGET 525 SL 505

MY CHOICE

BUY HAL TARGET 1460 SL 1397

BUY GUJARAT ALKALIES TARGET 785 SL 750

BUY SUVEN PHARMA TARGET 553 SL 530

MY BEST

BUY LUMAX AUTO TECH TARGET 250 DURATION 12-18 MONTHS

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Kushal Gupta Stock Picks

Cash

Paras Defence - Buy - 660, sl - 630

FTR

L&T Tech - Buy - 5050, sl - 4850

OPTN

M&M Finance - 160 CE@4.25 - Buy - 8, SL - 2.5

Techno

Infosys - Buy - 1940, sl - 1860

Funda

Voltas - Buy - 1550, Duration - 3 months

Investment

Bharti Airtel - Buy - 900, Duration - 1 year

Stock in News

Bhansali Engg - Buy - 136, sl - 129

Kotak Bank - Buy - 1870, sl - 1795

Trent Buy 1320, Sl 1265

Siemens Buy 2370 Sl 2280

My Best

Voltas - Buy - 1550, Duration - 3 months

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