Amid huge selling pressure, the domestic equity benchmarks closed in the red for the third consecutive day on Tuesday. The broader Nifty slipped below 16,300 and the Sensex declined by more than 100 points to end below 54,400. However, banking stocks showed some reselinec as 12-share Bank Nifty closed higher by more than 200 points.  

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Meanwhile, the Asian markets were off to a good start on Wednesday as all major indices were seen trading in the green in early trade. Japanese Nikkei was trading higher by 0.3%, Chinese shanghai Composite gained nearly 1.5% and Hang Seng Index at the Hong Kong Exchange was up 0.9% around 8.15am on Wednesday.  

Ahead of the market opening, Zee Business research team brings you a list of 20 stocks that could be bought for robust returns on a short-term, positional and long-term basis. These stocks have been picked from cash, F&O and techno segments to help investors make money on their investments. Below is the list of stocks picked by our analysts Kushal Gupta and Ashish Chaturvedi. 

Kushal Gupta Stock Picks 
 
Cash 
Neuland Lab - Buy - 1260, sl - 1210 
 
FTR 
Cipla FUT - Sell - 900, sl - 937 
 
OPTN 
Info Edge 3700 PE@153 - Buy - 220, sl - 123 
 
Techno 
Tata Power FUT - Sell - 215, sl - 225 
 
Funda 
JSPL FUT - Sell - 450, sl - 465 
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IPL 
Infosys - Buy - 1850 Duration - 1 year 
 
News 
Torrent Power FUT - Sell - 457, sl - 477 
 
mychoice 
JSW Steel FUT - Sell - 635, sl - 652 
IndusInd Bk Buy 930, Sl 900 
HDFC Buy 2260, Sl 2180 
Best Pick 
Cipla FUT - Sell - 900, sl - 937 
 
~~~~~~~~~~~~~~~~~~~~~~~~~ 
 
Ashish Chaturvedi Stock Picks 
 
CASH STOCK 
BUY ELECTROSTEEL CASTINGS TARGET 40 SL 35 
 
FUTURES 
BUY HDFC BANK TARGET 1380 SL 1300 
 
OPTIONS 
BUY INTERGLOBE 1680 PE TARGET 75 SL 40 
 
TECHNO 
SELL AMARA RAJA FUT TARGET 475 SL 535 
 
FUNDA 
BUY GUJARAT ALKALIES TARGET 910 SL 830 
 
IPL STOCK 
BUY KOTAK BANK TARGET 2160 DURATION 9 MONTHS 
 
STOCK IN NEWS 
SELL AUROBINDO PHARMA FUT TARGET 580 SL 615 
 
MY CHOICE 
BUY UNICHEM LABS TARGET 255 SL 245 
SELL AARTI IND FUT TARGET 750 SL 775 
SELL IRCTC FUT TARGET 630 SL 685 
 
MY BEST 
BUY HDFC BANK TARGET 1380 SL 1300 

Earlier, Dow Jones extended losses for the fourth straight day as US markets closed on a mixed note on Tuesday. On Wall Street, Dow Jones closed lower by 85 points, while Nasdaq and S&P 500 ended higher by 114 and 10 points respectively.