As the markets extended losing streak for the third day on Wednesday, declining by more than a half per cent, the cues from Asian markets remained negative on Thursday as US inflation rose to 41-year high to 9.1%. Consumer prices soared 9.1 per cent compared with a year earlier, the government said on Wednesday, It is the biggest yearly increase since 1981, and up from an 8.6 per cent jump in May. On a monthly basis, prices rose 1.3 per cent from May to June, another substantial increase, after prices had jumped 1 per cent.  

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Meanwhile, reacting to the inflation date, most of the Asian indices traded lower in the morning trade. SGX Nifty was trading lower by nearly 40 points on the Singaporean exchange on Thursday.  

Likewise, Shanghai Composite dropped 0.3%, Hang Seng Index at the Hong Kong Exchange traded flat with negative bias, while Japanese Nikkei 225 rose nearly 0.7% in the early trade.  

Earlier the US market too ended lower amid volatility as Dow Jones closed lower by 0.67%, Nasdaq declined 0.15% and S&P 500 dropped 0.45% on Wednesday.  

Meanwhile, irrespective of market conditions, Zee Business brings you a list of 20 stocks for profitable trade religiously on a daily basis. These stocks are picked from cash, techno and F&O space with short-to-long-term time horizon. It also includes intraday calls. The list is made in such a way that it helps investors make profit on their capital in a stipulated period of time. Below is the list of such stocks on Thursday. 

Varun Dubey Stock Picks 
Cash 
Buy Angel One Target Rs 1360 SL Rs 1290 
 
Futures 
Buy Mindtree Target Rs 3000 SL RS 2840 
 
Options 
Buy Granules 300 CE Target Rs 14 SL RS 9.5 
 
Tech 
Sell Dr Lal Pathlabs Target Rs 1950 SL RS 2040 
 
Funda 
Buy JSW Energy Target Rs 237 SL RS 224 
 
Invest 
Buy Data Patterns Target Rs 900 Duration 6 Months 
 
News 
Buy Tata Power Target Rs 230 SL RS 217 
 
My Choice 
Sell Muthoot Finance  FUT Target Rs 975 SL RS 1025 
Buy Anupam Rasayan Target Rs 734 SL RS 695 
Buy Vedanta Target Rs 240 SL RS 228 
 
Best Pick 
Buy Data Patterns Target Rs 900 Duration 6 Months 
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Kushal Gupta Stock Picks
 
Cash 
Sona BLW Precision - Buy - 700, Duration - 1 year 
 
FTR 
Axis Bank FUT - Sell - 660, sl - 690 
 
OPTN 
SBI 485 PE@9.10 - Buy - 15, sl - 6 
 
Techno 
HDFC Bank FUT - Sell - 1325, sl - 1380 
 
Funda 
M&M Fin FUT - Sell - 192, sl - 204 
  
Invest 
Rane Madras - Buy - 425, Duration - 1 year 
 
News 
Tata Steel FUT  - Sell - 880, sl - 920 
 
Mychoice 
JSW Steel FUT - Sell - 575, sl - 596 
Concor FUT - Sell - 655, sl - 682 
Tata Motors FUT Sell 415, Sl 432 
 
Best Pick 
Axis Bank FUT - Sell - 660, sl - 690