5 Stocks to Buy Today: December 10, 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 10

1. ABB INDIA (ABB)

Abb India is involved in the business activities of Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company’s Total Operating Revenue is Rs. 5820.95 Cr. and Equity Capital is Rs. 42.38 Cr. for the Year ended 31/12/2020. ABB India Ltd. is a Public Limited Listed company incorporated on 24/12/1949 and has its registered office in the State of Karnataka, India.

ABB Share Price Details for Today: 

- Current Market Price: Rs. 2,300

- Stop Loss: Rs. 2,240

- Target 1: Rs. 2,365

- Target 2: Rs. 2,440

- Holding Period: 1 week

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

2. ZEE Entertainment (ZEEL)

Zee Entertainment En is involved in the business activities of Television programming and broadcasting activities. Company’s Total Operating Revenue is Rs. 6665.40 Cr. and Equity Capital is Rs. 96.10 Cr. for the Year ended 31/03/2021. Zee Entertainment Enterprises Ltd. is a Public Limited Listed company incorporated on 25/11/1982 and has its registered office in the State of Maharashtra, India.

ZEEL Share Price Details for Today: 

- Current Market Price: Rs. 368

- Stop Loss: Rs. 360

- Target 1: Rs. 377

- Target 2: Rs. 386

- Holding Period: 1 week

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

3. Dabur India (DABUR)

Dabur India belongs to the Industry of Personal Care. Company’s Total Operating Revenue is Rs. 7184.73 Cr. and Equity Capital is Rs. 176.74 Cr. for the Year ended 31/03/2021. Dabur India Ltd. is a Public Limited Listed company incorporated on 16/09/1975 and has its registered office in the State of Delhi, India.

DABUR Share Price Details for Today: 

- Current Market Price: Rs. 580

- Stop Loss: Rs. 568

- Target 1: Rs. 593

- Target 2: Rs. 605

- 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.

4. Adani Total (ATGL)

Adani Total Gas is involved in the business activities of Manufacture of gas. Company’s Total Operating Revenue is Rs. 1695.60 Cr. and Equity Capital is Rs. 109.98 Cr. for the Year ended 31/03/2021. Adani Total Gas Ltd. is a Public Limited Listed company incorporated on 05/08/2005 and has its registered office in the State of Gujarat, India.

ATGL Share Price Details for Today: 

- Current Market Price: Rs. 1,764

- Stop Loss: Rs. 1,715

- Target 1: Rs. 1,820

- Target 2: Rs. 1,890

- 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.

5. Gravita India(GRAVITA)

Gravita India Ltd. is involved in the business activities of Manufacture of other plastics products. Company’s Total Operating Revenue is Rs. 1226.42 Cr. and Equity Capital is Rs. 13.81 Cr. for the Year ended 31/03/2021. Gravita India Ltd. is a Public Limited Listed company incorporated on 04/08/1992 and has its registered office in the State of Rajasthan, India.

GRAVITA Share Price Details for Today: 

- Current Market Price: Rs. 239

- Stop Loss: Rs. 233

- Target 1: Rs. 245

- Target 1: Rs. 254

- 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.
 

Share Market Today

SGX Nifty:

SGX Nifty indicates a negative opening for the Indian markets. SGX Nifty is trading at 17,513 levels, down 20.25 points. (Updated at 8:20 AM).

International Markets:

Asian Market:

Asian stocks fell as investors weighed the risk of the omicron COVID-19 variant to the economic recovery. Japan's benchmark Nikkei 225 fell 0.43% to trade at 28,600.62. Hong Kong's Hang Seng is trading down 0.23% at 24,199.84, while the Shanghai Composite trades down 0.27% at 3,663.13.

US Market:

US stocks closed lower as market participants preferred to book profits after three days of gains. The Dow Jones Industrial Average closed flat at 35,754.69; the S&P 500 closed down 0.72%, at 4,667.45; and the Nasdaq Composite closed down 1.71%, at 15,517.37.