Stocks to Buy Today: 5 Best Shares to Buy on 15-Mar-22

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 March 15

1. HDFC LTD (HDFC)

HDFC is involved in the business activities of Activities of specialized institutions granting credit for house purchases that also take deposits. Company’s Total Operating Revenue is Rs.48149.74 Cr. and Equity Capital is Rs.360.79 Cr. for the Year ended 31/03/2021. Housing Development Finance Corporation Ltd. is a Public Limited Listed company incorporated on 17/10/1977 and has its registered office in the State of Maharashtra, India.

HDFC Share Price Details for Today: 

- Current Market Price: Rs.2,276

- Stop Loss: Rs.2,218

- Target 1: Rs.2,335

- Target 2: Rs.2,390

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

2. Linde India (LINDEINDIA)

Linde India is involved in the business activities of Manufacture of liquefied or compressed inorganic industrial or medical gases (elemental gases, liquid or compressed air, refrigerant gases, mixed industrial gases etc.). Company’s Total Operating Revenue is Rs.2111.96 Cr. and Equity Capital is Rs.85.28 Cr. for the Year ended 31/12/2021. Linde India Ltd. is a Public Limited Listed company incorporated on 24/01/1935 and has its registered office in the State of West Bengal, India.

LINDEINDIA Share Price Details for Today: 

- Current Market Price: Rs.2,924

- Stop Loss: Rs.2,870

- Target 1: Rs.2,985

- Target 2: Rs.3,045

- Holding Period: 1 week

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

3. PI Industries (PIIND)

Pi Industries belongs to the Industry of Agro Chemicals/Pesticides. Company’s Total Operating Revenue is Rs.4276.20 Cr. and Equity Capital is Rs.15.20 Cr. for the Year ended 31/03/2021. PI Industries Ltd. is a Public Limited Listed company incorporated on 31/12/1946 and has its registered office in the State of Rajasthan, India.

PIIND Share Price Details for Today: 

- Current Market Price: Rs.2,680

- Stop Loss: Rs.2,623

- Target 1: Rs.2,740

- Target 2: Rs.2,825

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

4. ICICI Bank (ICICIBANK)

ICICI 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.79118.27 Cr. and Equity Capital is Rs.1383.41 Cr. for the Year ended 31/03/2021. ICICI Bank Ltd. is a Public Limited Listed company incorporated on 05/01/1994 and has its registered office in the State of Gujarat, India.

ICICIBANK Share Price Details for Today: 

- Current Market Price: Rs.696

- Stop Loss: Rs.680

- Target 1: Rs.713

- Target 2: Rs.734

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

5. Deepak Nitrite (DEEPAKNTR)

Deepak Nitrite belongs to the Industry of Chemicals - Inorganic - Others. Company’s Total Operating Revenue is Rs.1809.14 Cr. and Equity Capital is Rs.27.28 Cr. for the Year ended 31/03/2021. Deepak Nitrite Ltd. is a Public Limited Listed company incorporated on 06/06/1970 and has its registered office in the State of Gujarat, India.

DEEPAKNTR Share Price Details for Today: 

- Current Market Price: Rs.2,208

- Stop Loss: Rs.2,150

- Target 1: Rs.2,270

- Target 2: Rs.2,340

- Holding Period: 1 week

5paisa Recommendation: Sideways move to end in stock and thus making this stock as one of the best stocks to buy today.

Share Market Today

SGX Nifty:

SGX Nifty indicates a flat opening for the Indian markets. SGX Nifty is trading at 16,859 levels, down 24 points. (Updated at 8:35 AM).

International Market

Asian Market:

Most Asian stocks were trading lower amid surging COVID-19 cases in China, Russia Ukraine tensions, and the US Fed meeting. Japan's benchmark Nikkei 225 is up 0.31% to trade at 25,385.11. Hong Kong's Hang Seng is trading down 1.96% at 19,149.80, while the Shanghai Composite trades down 1.27% at 3,182.70.

US Market:

US stocks closed lower ahead of the Federal Reserve meeting and an expected hike in interest rates. The Dow Jones Industrial Average closed flat at 32,945.24; the S&P 500 closed down 0.74%, at 4,173.11; and the Nasdaq Composite closed down 2.04% at 12,581.22.