5 Stocks to Buy Today: September 15, 2021

5 Stocks to Buy Today

by 5paisa Research Team Last Updated: Sep 07, 2023 - 05:09 pm 52.8k Views
Listen icon

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. BEML Ltd (BEML)

BEML Limited is a Defence PSU Company, is the biggest Defence, Mining, Construction and Rail Coach manufacturer in India with 09 manufacturing units and offices spread PAN India. It manufactures a variety of heavy equipment, such as that used for earth moving, transport and mining. 

BEML Stock Details for Today: 

- Current Market Price: Rs.1,433

- Stop Loss: Rs.1,380

- Target 1: Rs. 1,485

- Target 2: Rs. 1,570

- Holding Period: 1 week

5paisa Recommendation: Strong volumes indicate this is likely to be a coveted stock, thus making it to the top stocks to buy list. 

 

2. Galaxy Surfactants (GALAXYSURF)

Galaxy Surfactants is one of the leading players in the world of Surfactants and Specialty Care Ingredients, exclusively focussed on catering to the Home and Personal Care Industry. It is an Indian MNC that manufactures 200+ products. Caters to 1750+ customers in 80+ countries.

GALAXYSURF Stock Details for Today: 

- Current Market Price: Rs. 3,515

- Stop Loss: Rs. 3,440

- Target 1: Rs. 3,590

- Target 2: Rs. 3,700

- Holding Period: 1 Week

5paisa Recommendation: Our technical analysts observe a breakout in this stock and our experts expect the uptrend to continue today as well.

 

3. CESC Ltd. (CESC)

The Calcutta Electric Supply Corporation (CESC) is a Kolkata-based flagship company of the RP-Sanjiv Goenka Group, born from the erstwhile RPG Group, under the chairmanship of businessman Sanjiv Goenka. CESC is a fully integrated power utility with its operation spanning the entire value chain: right from mining coal, generating power, distribution of power. 

CESC Stock Details for Today: 

- Current Market Price: Rs. 881

- Stop Loss: Rs. 866

- Target 1: Rs. 900

- Target 2: Rs. 925

- Holding Period: 1 Week

5paisa Recommendation:  Strong momentum on this stock is observed.

 

4. Bajaj Electricals (BAJAJELEC)

Bajaj Electricals Ltd. is an Indian consumer electrical equipment manufacturing company based in Mumbai, Maharashtra. It is a part of the ₹380 billion Bajaj Group. It has diversified with interests in lighting, luminaries, appliances, fans, LPG based generators, engineering and projects.

BAJAJELEC Stock Details for Today: 

- Current Market Price: Rs. 1,381

- Stop Loss: Rs. 1,342

- Target 1: Rs. 1,423

- Target 2: Rs. 1,485

- Holding Period: 1 Week

5paisa Recommendation: Buying trend has seen an increase, and is likely to continue. Thus, making it to our list of top 5 stocks to buy today. 

 

5. IPCA Laboratories (IPCALAB)

IPCA has been a crucial healthcare partner in over 120 countries across 6 continents. The company is one of the world’s largest manufacturers and suppliers of over a dozen APIs. These are produced from scratch at fully-automated manufacturing facilities, approved by the world’s most discerning drug regulatory authorities like UK-MHRA, EDQM-Europe, and WHO-Geneva, among others.

IPCALAB Stock Details for Today: 

- Current Market Price: Rs. 2,638

- Stop Loss: Rs. 2,585

- Target 1: Rs. 2,687

- Target 2: Rs. 2,750

- Holding Period: 1 Week

5paisa Recommendation:  Our technical analysts observe the end of sideway trend.  Thus making IPCALAB as one of our strongest recommended Stocks to Buy Today.

 

Share Market Today

SGX NIFTY: 

SGX Nifty indicates flat to positive opening for Indian markets. SGX Nifty is at 17,426.20 levels, higher 39.20 points. (Updated at 7:59 AM).

International Markets:

US Market: US markets see profit booking after a one-day pullback as the undertone remains weak with selling emerging on all rallies.

Inflation comes below expectations which see bond yields hit 1.28%, however lower yields see banks and financials come under selling pressure. Dow Jones ends near 2-month lows while Nasdaq falls for the 6th consecutive day.

Asian Market: Asian markets opened weak with the Japanese 'Nikkei' trading lower by nearly 1% as weak US cues saw profit booking in most Asian indices.

Chinese stocks have been rank underperformers and Hang Seng continues to be the worst performing index over the last month. Metal prices also fall as copper hits one-month lows which could see more pressure on Chinese stocks.
 

How do you rate this blog?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

oda_gif_reasons_colorful

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Weekly Outlook on Copper - 01 December 2023

Copper prices saw a modest 0.33% gain, reaching 722 on Thursday, as worries about a slowdown in Chinese manufacturing loomed large. The November's NBS Manufacturing PMI slipped to 49.4, the second consecutive monthly decline, heightened concerns, emphasizing the need for additional government support to fortify China's economic growth. The NBS Non-Manufacturing PMI at 50.2, reflecting the 11th month of service sector expansion, hinted at a softer pace.

Swing Trading Stocks: Week of 04 December 2023

Swing Trading Stocks for the Week

Weekly Market Outlook for 04 December to 08 December

Our markets started the truncated week on a positive note and it rallied higher throughout the week. The first day of the December month infact witnessed a new record as the Nifty surpassed its previous high and ended in uncharted territory above 20250 with weekly gains of almost two and a half percent.