5 Stocks to Buy Today: December 02, 2021

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the performance of earlier recommendation every morning to help you with your trading journey. Read on to know the momentum stocks to buy today. The average holding period could be between 7-10 days on average.

List of 5 Stocks to Buy Today December 02

1. Bajaj Holdings (BAJAJHLDNG)

Bajaj Holdings & Inv is involved in the business activities of Trusts, funds and other financial vehicles. Company’s Total Operating Revenue is Rs. 367.47 Cr. and Equity Capital is Rs. 111.29 Cr. for the Year ended 31/03/2021. Bajaj Holdings & Investment Ltd. is a Public Limited Listed company incorporated on 29/11/1945 and has its registered office in the State of Maharashtra, India.
 

BAJAJHLDNG Share Price Details for Today: 

- Current Market Price: Rs. 5,186

- Stop Loss: Rs. 5,045

- Target 1: Rs. 5,320

- Target 2: Rs. 5,465

- Holding Period: One week

5paisa Recommendation: Our technical experts observed positive chart for this stock and hence making this stock best stock to buy.

2. TCI Express (TCIEXP)

Tci Express is involved in the business activities of Cargo handling incidental to land transport. Company’s Total Operating Revenue is Rs. 843.99 Cr. and Equity Capital is Rs. 7.69 Cr. for the Year ended 31/03/2021. TCI Express Ltd. is a Public Limited Listed company incorporated on 10/11/2008 and has its registered office in the State of Telangana, India.

TCIEXP Share Price Details for Today: 

- Current Market Price: Rs. 2,320

- Stop Loss: Rs. 2,262

- Target 1: Rs. 2,385

- Target 2: Rs. 2,456

- Holding Period: 1 week

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.

3. BSE LTD (BSE)

BSE is involved in the business activities of Administration of financial markets. Company’s Total Operating Revenue is Rs. 537.48 Cr. and Equity Capital is Rs. 9.00 Cr. for the Year ended 31/03/2021. BSE Ltd. is a Public Limited Listed company incorporated on 08/08/2005 and has its registered office in the State of Maharashtra, India.

BSE Share Price Details for Today: 

- Current Market Price: Rs. 1,652

- Stop Loss: Rs. 1,600

- Target 1: Rs. 1,722

- Target 2: Rs. 1,770

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying opportunity in this stock and hence making this stock as the best stock to buy today.

4. Chambal Fertilizers (CHAMBLFERT)

Chambal Fertilis is involved in the business activities of Manufacture of urea and other organic fertilizers. Company’s Total Operating Revenue is Rs. 12719.01 Cr. and Equity Capital is Rs. 416.21 Cr. for the Year ended 31/03/2021. Chambal Fertilisers & Chemicals Ltd. is a Public Limited Listed company incorporated on 07/05/1985 and has its registered office in the State of Rajasthan, India.

CHAMBLFERT Share Price Details for Today: 

- Current Market Price: Rs. 397

- Stop Loss: Rs. 391

- Target 1: Rs. 404

- Target 2: Rs. 422

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see strong volume in this stock hence making this stock best stock to buy.

5. Indusind Bank (INDUSINDBK)

Indusind Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 28999.80 Cr. and Equity Capital is Rs. 773.37 Cr. for the Year ended 31/03/2021. IndusInd Bank Ltd. is a Public Limited Listed company incorporated on 31/01/1994 and has its registered office in the State of Maharashtra, India.

INDUSINDBK Share Price Details for Today: 

- Current Market Price: Rs. 934

- Stop Loss: Rs. 909

- Target 1: Rs. 965

- Target 1: Rs. 1,005

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects recovery on cards and recommends adding this stock in to your list of best stocks to buy today.

Share Market Today

SGX Nifty:

SGX Nifty indicates a negative opening for the Indian markets. SGX Nifty is trading at 17,177.80 levels, down 57.25 points. (Updated at 8:34 AM).

International Markets:

US Market:

US markets closed a volatile session on a negative note on the news that the first known case of the Omicron strain was found in the US. The Dow Jones Industrial Average fell 461.68 points, or 1.34%, to 34,022.04; the S&P 500 lost 53.96 points, or 1.18%, to 4,513.04; and the Nasdaq Composite dropped 283.64 points, or 1.83%, to 15,254.05.

Asian Market:

Asian stocks were mixed, following a sharp reversal in US markets due to concerns about the omicron virus strain and as Jerome Powell reiterated a shift toward possibly withdrawing stimulus more quickly. Japan's benchmark Nikkei 225 fell 0.66% to trade at 27,750.67. Hong Kong's Hang Seng is trading up 0.19% at 23,702.82, while the Shanghai Composite trades down 0.18% at 3,570.61.