Stocks to Buy Today: December 29, 2021 - MapmyIndia, Pidilite Ind, Jubilant Ind

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 29

1. GOKALDAS EXPORTS (GOKEX)

Gokaldas Exports is involved in the business activities of Manufacture of all types of textile garments and clothing accessories. Company’s Total Operating Revenue is Rs. 1209.32 Cr. and Equity Capital is Rs. 21.45 Cr. for the Year ended 31/03/2021. Gokaldas Exports Ltd. is a Public Limited Listed company incorporated on 01/03/2004 and has its registered office in the State of Karnataka, India.

GOKEX Share Price Details for Today: 

- Current Market Price: Rs.342

- Stop Loss: Rs.334

- Target 1: Rs.351

- Target 2: Rs.367

- 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.

2. CE INFO (MAPMYINDIA)

C.E Info Systems belongs to the Industry of IT Consulting & Software. Company’s Total Operating Revenue is Rs.152.38 Cr. and Equity Capital is Rs.3.83 Cr. for the Year ended 31/03/2021. C.E. Info Systems Ltd. is a Public Limited Listed company incorporated on 17/02/1995 and has its registered office in the State of Delhi, India.

MAPMYINDIA Share Price Details for Today: 

- Current Market Price: Rs.1,617

- Stop Loss: Rs.1,570

- Target 1: Rs.1,675

- Target 2: Rs.1,740

- 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. EXPLEO SOLUTIONS (EXPLEOSOL)

Expleo Solutions is involved in the business activities of Writing , modifying, testing of computer program to meet the needs of a particular client excluding web-page designing. Company’s Total Operating Revenue is Rs.300.89 Cr. and Equity Capital is Rs.10.25 Cr. for the Year ended 31/03/2021. Expleo Solutions Ltd. is a Public Limited Listed company incorporated on 08/06/1998 and has its registered office in the State of Tamil Nadu, India.

EXPLEOSOL Share Price Details for Today: 

- Current Market Price: Rs.1,778

- Stop Loss: Rs.1,730

- Target 1: Rs.1,828

- Target 2: Rs.1,915

- 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.

4. PIDILITE INDUSTRIES (PIDILITIND)

Pidilite Inds. is involved in the business activities of Manufacture of gelatine and its derivatives, resinoids, glues, prepared adhesives, including rubber-based glues and adhesives. Company’s Total Operating Revenue is Rs. 6216.33 Cr. and Equity Capital is Rs. 50.82 Cr. for the Year ended 31/03/2021. Pidilite Industries Ltd. is a Public Limited Listed company incorporated on 28/07/1969 and has its registered office in the State of Maharashtra, India.

PIDILITIND Share Price Details for Today: 

- Current Market Price: Rs.2,473

- Stop Loss: Rs.2,420

- Target 1: Rs.2,530

- Target 2: Rs.2,622

- 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.

5. JUBILANT INDUSTRIES (JUBLINDS)

Jubilant Industries is involved in the business activities of Other manufacturing. Company’s Total Operating Revenue is Rs.2.18 Cr. and Equity Capital is Rs.15.03 Cr. for the Year ended 31/03/2021. Jubilant Industries Ltd. is a Public Limited Listed company incorporated on 23/02/2007 and has its registered office in the State of Uttar Pradesh, India.

JUBLINDS Share Price Details for Today: 

- Current Market Price: Rs.643

- Stop Loss: Rs.626

- Target 1: Rs.661

- Target 1: Rs.685

- Holding Period: 1 week

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

Share Market Today

SGX Nifty: SGX Nifty indicates a negative opening for the Indian markets. SGX Nifty is trading at 17,271.20 levels, down 16.75 points. (Updated at 8:09 AM).

International Market

Asian Market: Most Asian stocks are trading lower as a technology sell-off weighed on US equities and investors assessed the omicron virus-strain outbreak. Japan's benchmark Nikkei 225 down 1.02% to trade at 28,772.73. Hong Kong's Hang Seng is trading down 0.79% at 23,097.21, while the Shanghai Composite trades down 0.51% 0.12% at 3,611.61.

US Market: US stocks closed mixed a day after the S&P 500 set a new high due to lower liquidity in the final days of the year. The Dow Jones Industrial Average closed up 0.26% at 36,398.21; the S&P 500 closed down 0.10%, at 4,786.35; and the Nasdaq Composite closed down 0.56%, at 15,781.72.