Stocks to buy today, October 20: ITC, Tata Motors, HAVELLS, Hindalco among 20 shares for profitable trade

Stocks to buy today, October 20: Shares of ITC surged 6 per cent in the last four day ahead of its July-September quarter (Q2FY23) earnings on Thursday, October 20, 2022.

Asian shares too traded lower on Thursday. Photo credit: File Photo

Stocks to buy today, October 20: Sensex and Nifty are likely to open in red on Thursday i.e. October 20 amid weak global cues. SGX Nifty - which is traded on the Singapore stock exchange - slipped over 150 points, or 0.88 per cent, lower at 17,349 in the early trade. Asian shares too traded lower on Thursday. While Hong Kong’s Hang Seng index fell 2 per cent in early trade, Japan’s Nikkei 225 lost 0.98 per cent. South Korea’s Kospi dipped 0.78 per cent.

The 30-share BSE Sensex rose by 146.59 points or 0.25 per cent to settle at 59,107.19 even as 11 of its constituents gained while 19 declined. During the day, it rallied 439.09 points or 0.74 per cent to 59,399.69. The broader NSE Nifty advanced 25.30 points or 0.14 per cent to end at 17,512.25 with 18 of its stocks ending higher and 32 closing lower.

The S&P 500 fell 0.67 per cent. The Dow Jones Industrial Average fell 0.33 per cent and the Nasdaq Composite shed 0.85 per cent.

TRENDING NOW

Stocks recommended by Zee Business research analyst Kushal Gupta

CASH KA SHARE
IIFL WEALTH - BUY - Rs 1957, Stop Loss- Rs 1880

FUTURES
HINDALCO FUT- SELL- Rs 378, Stop Loss - Rs 395

OPTIONS
TATA MOTORS 400 Put Option @8.30 - BUY - 15, Stop Loss - 5

TECHNOLOGY
TORENT POWER - SELL - Rs 466, Stop Loss - Rs 487

FUNDAMENTAL
JK PAPER - BUY - Rs 430, DURATION 6 MONTHS

INVESTMENT
ITC - BUY - Rs 430, DURATION 12 MONTHS

NEWS KE DUM PAR
LUPIN FUT - SELL - RS 668, Stop Loss - Rs 700

MY CHOICE
eMUDHRA - BUY - Rs 334, Stop Loss - Rs 318
HIND COPPER FUT - SELL - Rs 103, Stop Loss - Rs 108
FEDERAL BANK FUT - SELL - Rs 125, Stop Loss - Rs 135

BEST PICK
HINDALCO FUT- SELL - Rs 378, Stop Loss - Rs 395

Stocks recommended by Zee Business research analyst Varun Dubey

CASH KA SHARE
BUY KAVERI SEED TARGET - Rs 465, Stop Loss - Rs 438

FUTURES
SELL NAVIN FLUORINE FUT TARGET - Rs 4250, Stop Loss - Rs 4400

OPTIONS
BUY HAVELLS 1240 Put option TARGET - Rs 30 Stop Loss - Rs 20

TECHNOLOGY
SELL VEDANTA FUT TARGET - Rs 270, Stop Loss - Rs 281

FUNDAMENTAL
BUY METRO BRANDS TARGET - Rs 930 Stop Loss - Rs 880

INVESTMENT
BUY BLUE DART TARGET - Rs 11000 DURATION 6 MONTHS

NEWS KE DUM PAR
BUY PERSISTENT SYS TARGET - Rs 3800, Stop Loss - Rs 3600

MY CHOICE
BUY LAURUS LABS TARGET - Rs 550 Stop Loss - Rs 520
SELL OBEROI REALTY FUT TARGET - RS 855, Stop Loss - Rs 880
SELL ASTRAL LTD FUT TARGET - RS 2020 Stop Loss - RS 2080

BEST PICK
BUY KAVERI SEED TARGET - Rs 465, Stop Loss - RS 438

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