The Indian markets closed lower for the third straight day on Thursday amid pressure from auto, metal and banking shares. Benchmarks Nifty 50 ended 143 points or 0.80% lower to 17,873.60, while S&P BSE Sensex closed below 60,000 level to 59,919.69, down 433.13 points or 0.72%.  

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Asian Markets were seen trading in the green in early trading hours on Friday. Japanese Nikkei 225 was trading 335 points up to 29612, a gain of 1.14%. Hang Sang Index was also up 113 points to 25,360. Shanghai Composite was also trading flat with positive bias.  

Earlier the wall street indices closed mixed as Dow Jones corrected 159 points to close at 35,921, Nasdaq Composite ended with gains of 82 points at 15,704 and S&P500 also settled flat at 4,649, a gain of 3 points, on Thursday's closing.  

Even Before market opens, Zee Business Managing research analysts have identified 20 stocks for profitable trade. Below are the stock picks shortlisted by our research analysts Varun Dubey and Kushal Gupta.
 
Varun Dubey Stock Picks  

Buy Dredging Corp Target Rs 362 SL Rs 341  

Buy Wipro FUT Target Rs 660 SL Rs 635  

Buy Infosys 1740 CE Target Rs 38 SL Rs 26  

buy Cochin Shipyard Target Rs 390 SL RS 366  

Buy Oil India Target Rs 225 SL Rs 212  

Buy Whirlpool Target Rs 3000 Duration 6 Months  

Buy Tata Power Target Rs 250 SL Rs 235  

Buy Railtel Target Rs 132 SL RS 124

Buy Star Paper Target Rs 150 SL RS 141

Buy Zomato Target Rs 147 SL RS 138

My Best

Buy Oil India Target Rs 225 SL Rs 212

Kushal Gupta Stock Picks

Indian Hume Pipes - Buy - 200, sl - 190

Mphasis FUT - Buy - 3448, sl - 3300

Laurus Labs 460 PE@15 - Buy - 30, sl - 10

Axis Bank FUT - Sell - 718, sl - 746

Siemens - Buy - 3000, Duration: 6 months

Indian Hotels - Buy - 250, Duration: 6 months

Triveni Engineering - Buy - 215, sl - 205

Heranba Ind - Buy - 736, sl - 709

Aster DM Healthcare - Buy - 208, sl - 200

Orient Paper - Buy - 38.5, sl - 36

(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)