Stocks to buy today, October 19: Bharti Airtel, Asian Paints, Samvardhana Motherson, PVR among 20 shares in focus
The Dow Jones Industrial Average rose 337.98 points, or 1.12 per cent, to 30,523.8, the S&P 500 gained 42.04 points, or 1.14 per cent, to 3,719.99 and the Nasdaq Composite (.IXIC) added 96.60 points, or 0.9 per cent, to 10,772.40.
Stocks to buy today, October 19: Stock market may be headed for a positive start on Wednesday as SGX Nifty, - which is traded on the Singapore stock exchange - was trading at 17520 after gaining 25 points or 0.15 per cent at 8:20 am. Asia-Pacific markets too traded in the green in the early trade. While Japan's Nikkei 225 gained over 198 points or 0.73 per cent, South Korea’s Kospi was up by over 14 points or 0.65 per cent at 7:30 am. On the flip side, the Hang Seng index in Hong Kong traded in red and was down by over 100 points or 0.60 per cent.
Also, the Dow Jones Industrial Average rose 337.98 points, or 1.12 per cent, to 30,523.8, the S&P 500 gained 42.04 points, or 1.14 per cent, to 3,719.99 and the Nasdaq Composite (.IXIC) added 96.60 points, or 0.9 per cent, to 10,772.40.
Earlier on Tuesday, equity benchmark indices rallied for the third day amid firm global market trends and buying in energy, banking and FMCG counters. The 30-share BSE Sensex jumped 549.62 points or 0.94 per cent to settle at 58,960.60. During the day, it zoomed 732.68 points or 1.25 per cent to 59,143.66. Similarly, the broader NSE Nifty surged 175.15 points or 1.01 per cent to end at 17,486.95.
Stocks recommended by Zee Business research analyst Kushal Gupta
CASH KA SHARE
JK TYRE - Buy - Rs 172, Stop Loss - Rs 163
FUTURES
LIC HSG FIN - Buy - Rs 430, Stop Loss - Rs 411
OPTIONS
BERGER PAINTS 620 Call Option @ 12 - Buy - 22, Stop Loss - 8
TECHNOLOGY
PVR - Buy - Rs 1780, Stop Loss - Rs 1700
FUNDAMENTAL
TVS MOTOR - Buy - Rs 1360, DURATION 12 MONTHS
INVESTMENT
L&T - BUY - Rs 2300, DURATION 12 MONTHS
NEWS KE DUM PAR
SCHAEFFLER INDIA -BUY - Rs 3280, Stop Loss - Rs 3150
MY CHOICE
INDIGO PAINTS - BUY - Rs 1510, Stop Loss - Rs 1458
PRESTIGE ESTATES - BUY - Rs 445, Stop Loss - Rs 427
GLAND PHARMA - BUY - Rs 2220, Stop Loss - Rs 2140
BEST PICK
L&T - BUY - Rs 2300, DURATION 12 MONTHS
Stocks recommended by Zee Business research analyst Varun Dubey
CASH KA SHARE
BUY ANANT RAJ TARGET - Rs 110, Stop Loss - Rs 103
FUTURES
BUY BHARTI AIRTEL TARGET - Rs 800, Stop Loss - Rs 770
OPTIONS
BUY ASIAN PAINTS 3250 Call Option TARGET 80 Stop Loss 55
TECHNOLOGY
BUY BIOCON TARGET - Rs 277, Stop Loss - Rs 262
FUNDAMENTAL
BUY SAMVARDHANA MOTHERSON TARGET - Rs 67, Stop Loss - Rs 62.5
INVESTMENT
BUY UNITED SPIRITS TARGET - Rs 1000, DURATION 8 MONTHS
NEWS KE DUM PAR
BUY SHALBY TARGET - Rs 152, Stop Loss - Rs 143
MY CHOICE
SELL TORRENT PHARMA FUT TARGET Rs 1520, Stop Loss - Rs 1590
BUY BATA INDIA TARGET - Rs 1920, Stop Loss - Rs 1840
BUY KEI INDUSTRIES TARGET Rs 1550, Stop Loss - Rs 1470
BEST PICK
BUY ASIAN PAINTS 3250 Call Option TARGET - Rs 80, Stop Loss - Rs 55
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04:58 PM IST