Stocks to buy today: List of 20 shares for profitable trade on December 8

Ahead of the market open on Wednesday, Zee Business research team brings you a list of 20 stocks for profitable trade.

The investors can refer to this list for picking stocks that can help them make money in today's intraday trade.

Updated: Wed, Dec 08, 2021
08:27 AM IST

Patna, ZeeBiz WebDesk

The Indian markets on Tuesday closed with gains amid positive global cues as the benchmark indices closed higher by 1.50 per cent each. The Sensex surged over 850 points and Nifty went past 17,150-level with 264 points gain. Metal and banking stocks drove the rally, while pharma remained the laggards on Tuesday.

Amid good show by the banking stocks, the 12-share Nifty Bank also rose nearly 900 points or 2.50 per cent on Tuesday.

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“Domestic bourses staged a recovery bucking the trend in the international markets, supported by broad-based buying while healthcare stocks lost ground. Global markets traded with optimism on reports that the Omicron strain may not be as severe as expected,” Vinod Nair, Head of Research at Geojit Financial Services said in post market comment on Tuesday

On the global front, the Asian markets started off Wednesday on strong note as all important Asian indices traded positive and the Wall Street headline indices too closed in the green for the second consecutive day on Tuesday. Japanese Nikkei 225 was trading with 1.10% gain, Hang Seng Index at the Hong Kong Exchange was up 106 points and Chinese Shanghai Composite was trading higher by 0.22%. Similarly, Dow Jones closed with 1.40% or 492 points gain to 35,719, Nasdaq Composite added 461.76 points to 15686.92, S&P 500 settled with 95.08% or 2.07% to 4,686.75 and Russel 2,000 closed 50 points or 2.28% higher to 2,253.79 in Tuesday's closing.

Meanwhile, ahead of the market open on Wednesday, Zee Business research team brings you a list of 20 stocks for profitable trade. The investors can refer to this list for picking stocks that can help them make money in today's intraday trade. Below is the list of stocks shortlisted by research analysts Varun Dubey and Ashish Chaturvedi on Wednesday.

Varun Dubey Stock Picks

Buy VIP Ind Target Rs 550 SL RS 520

BUy Wipro FUT Target Rs 660 SL RS 625

Buy Infosys 1720 CE Target Rs 45 SL RS 30

Buy UPL Target Rs 755 SL RS 715

Buy Havells Target Rs 1470 SL RS 1390

Buy Polycab Target Rs 3000 Duration 6 to 8 months

Buy NHPC target Rs 36 SL RS 32.5

Buy Manappuram Finance Target Rs 181 SL Rs 171

Buy Jai Corp Target Rs 137 SL RS 129

Buy Asian Energy Services Target Rs 142 SL RS 133

Varun's Best Pick