5 Stocks to Buy Today: October 01, 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

1. PNC Infratech (PNCInfra)

PNC Infratech Stock Details for Today: 

- Current Market Price: Rs.383

- Stop Loss: Rs. 373

- Target 1: Rs. 396

- Target 2: Rs. 414

- Holding Period: One week

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

2. Can fin Homes Ltd (CANFINHOME)

Can fin Homes Ltd Stock Details for Today: 

- Current Market Price: Rs. 687

- Stop Loss: Rs. 673

- Target 1: Rs. 698

- Target 2: Rs. 720

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observe positive chart structure, thus recommending this stock as the best stock to buy today. 

3. Amber Enterprises (AMBER)

Amber Enterprises Stock Details for Today: 

- Current Market Price: Rs. 3,264

- Stop Loss: Rs. 3,200

- Target 1: Rs.3,330

- Target 2: Rs. 3,420

- Holding Period: 1 week

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

4. Phillips Carbon (PHILIPCARB)

Phillips Carbon Ltd Stock Details for Today: 

- Current Market Price: Rs. 267

- Stop Loss: Rs. 261

- Target 1: Rs. 274

- Target 2: Rs. 282

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see end in sideways move of the stock hence making this stock best stock to buy.

5. DCW Ltd (DCW)

DCW Ltd Stock Details for Today: 

- Current Market Price: Rs. 47.7

- Stop Loss: Rs. 45

- Target 1: Rs. 50

- Target 1: Rs. 53

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying in the stock and recommends buying this stock.

Share Market Today

SGX NIFTY: 

SGX Nifty indicates negative opening for Indian markets.SGX Nifty is at 17,451.50 levels, lower 159.90 points. (Updated at 7:52 AM).

International Markets:

US Market:

US markets ended September with the worst month since October 2020 as Dow Jones closed lower by 550 points while Nasdaq closed down 60 points.

Bond yields also ended lower at 1.47% while the US$ index hit a 6-month high at 94.34. Oil prices also see weakness from recent highs as profit booking emerges.

Asian Market:

Asian markets opened in the red led by financials as US indices hit fresh one-month lows with September being the worst month since last October.

Japanese 'Nikkei' traded lower by over 450 points as most Asian markets hit 3-week lows. Chinese stocks staged a smart recovery yesterday and could see further buying as contrarian flows chase stocks.

Disclaimer: The above report is compiled from information available on the public platforms.